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Lender blames escrow shortage for $400 increase in monthly mortgage payment (Washington Post)

March 12, 2010 by · Leave a Comment 

Q: We have owned our house for many years, and the lender has always escrowed money to pay our real estate taxes and insurance. This year, we received a notice from the lender that our monthly mortgage payment will increase by over $400 because there is an escrow shortage

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Lender blames escrow shortage for $400 increase in monthly mortgage payment (Washington Post)