Browsing Tag

Fee

Consumer News

Cleveland has lowest ATM fees in nation

On September 27, 2011

Cleveland may top the rankings in surveys it doesn’t want to top like poorest city, but there is one survey we’re tops in and it’s a good thing for consumers. Bankrate says Cleveland has the cheapest ATM rates in the country, even though nationally ATM surcharges hit a new high for the seventh consecutive year. The average ATM fee hit…

Consumer News

Housing market dips but closing costs on the rise

On July 26, 2011

One of the worst parts of having a loan you’re not happy with, is paying for closing costs to re-figure your loan. Bankrate found the average origination and title fees are up 8.8% from a year ago. On a $200,000 mortgage, the average fees are $4,070. You’ll pay the most in New York at $6,183. Texas, Utah, San Francisco, and…

Consumer News

Millions coming to some former Countrywide customers

On July 20, 2011

Almost  $108 million dollars will be mailed to homeowners who were allegedly overcharged by Countrywide Home Loans. The Federal Trade Commission expects to mail 450,177 refund checks. The checks are part of a settlement between the FTC and Countrywide over allegations the company collected excessive fees from borrowers struggling to hold onto their home.  Refunds will be sent to customers…