Anderson + Wanca

 

HUD Fees

If you purchased or refinanced a property in recent years, you may have been charged loan discount fees. On most HUD-1 Settlement Agreements, there is a line, normally within the 800 series, referred to as "Loan Discount." This represents a fee that the buyer agrees to pay in order to lower their interest rate. We believe that many lenders have not properly applied the discounts thus causing the buyer to pay more and are pocketing the difference. We are currently investigating lenders to determine which acted properly.

We would like you to represent all persons in similar situations to help rectify all victimized. If you would like a free consultation to explore whether you have a claim and may be entitled to a refund, please call us at (888) 505-0953 or email us at HUDFees@andersonwanca.com. We work with attorneys licensed throughout the United States so you do not have to reside in Illinois to be eligible.

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