Troops Overcharged on their Mortgages

Imagine being a member of our military, putting yourself in harms way.   You cannot give full focus to your own safety and the safety of the country that you are fighting for, because your focus is divided on financial  institutions that disregard the rules that allows your mortgage interest rates to be lowered while you are deployed.   Your family at home has to deal with this ad nauseam.

No one wants to be overcharged on their mortgage, but when over 4000 troops are being overcharged and others are being unfairly foreclosed on, while serving to protect our freedom, you have to give pause.
Watch Lisa Myers' NBC News report on this issue and if you are so inclined lend your support to the cause  here .

Quick End of Year (EOY) Record Keeping Tip - Mortgage Management

Log on to your mortgage servicer's website and print a copy of your payment records for the past year, this will enable you to verify that all your payments were posted accurately as you move forward to the new year.  Check to make sure that the dates and amounts actually match.  

Also print a copy of your amortization schedule this will also help you ensure that the numbers that show up on your monthly statement are what they should be - it will also gives you an idea of how much or how little your interest payment is each month, relative to your total payment.