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Mortgage went up

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eldivo_38 Joined: 01 Mar 2011 Posts: 1 1.30 Dollars($)	Posted: Tue Mar 01, 2011 7:17 pm    Post subject: Mortgage went up Like 0 Dislike 0 Hi I need to know why did my mortgage payment went up this year even though My Tax and home insurance are down this year. The mortgage company said I was short in escrow how can that be? I always made my payment on time, never missed or was late on any payment. Also, Is there such a thing as gov baillout? I tried to get help from my Mrtg company last year with no success. Thanks
jameshogg Joined: 20 Dec 2005 Posts: 10477 Location: Nevada 990.06 Dollars($)	Posted: Tue Mar 01, 2011 11:09 pm    Post subject: Like 0 Dislike 0 Hi eldivo, You should ask the mortgage lender to provide you with written clarification regarding shortage in escrow account. If the lender cannot provide you with proper clarification, then you won't have to pay higher amount as mortgage payments. As far as government bailout is concerned, in what regards do you need that? Thanks

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