Posted by Mike (WA) on February 19, 2010 at 10:59:25 from (69.10.196.7):
In Reply to: CitiMortage Scam posted by MarkB_MI on February 18, 2010 at 17:58:58:
Does your principal balance reflect the extra principal payments? Many banks don't know how to handle extra principal payments, so you need to make sure that they are doing it right. They should be deducting the extra principal from your balance every month- I'm troubled by your saying you've prepaid 5 years of principal, as they may still be charging you interest on that extra principal if they're not actually deducting it from the balance every month.
The above sounds confusing- let me know if I need to explain it better.
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Today's Featured Article - The Nuts and Bolts of Fasteners - Part 2 - by Curtis Von Fange. In our previous article we discussed capscrews, bolts, and nuts along with their relative hardness and thread sizes. In this segment we will finish up on our fasteners and then work with ways to keep them from loosening up in the field. Capscrews, bolts and nuts are not the only means of holding two parts together. When dealing with thinner metals like sheet tin, a long bolt and
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