http://www.mortgagenewsdaily.com/1052007_Merrill_Lynch_WaMu.aspAccording to Reuters News Agency, this announcement places Merrill Lynch at the top of the growing pile of investment and mortgage companies which have taken hits due to what is now commonly referred to as the subprime mortgage mess . Merrill Lynch mayenCommunityServer 2008 SP2 (Build: 31106.96)http://www.mortgagenewsdaily.com/1052007_Merrill_Lynch_WaMu.asp#8840Fri, 12 Oct 2007 11:00:00 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:8840eddyeThis is the second page of my comment: Example: The old mortgage servicer sent a coupon book saying payments are $1,541.00 in August, 2007, about Three (3) weeks later same month August, 2007 the homeowners received another coupon booklet increasing payments up to approx. $1,973.00 the new servicer stated the there was an escrow shortgage of more than $8,000 on a $143,000 loan. The former servicer never informed the homeowners of any shortgage. WHAT A SCAM !! What can we do? <div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=8840" width="1" height="1">http://www.mortgagenewsdaily.com/1052007_Merrill_Lynch_WaMu.asp#8839Fri, 12 Oct 2007 11:00:00 GMT2bb7a989-b681-446d-a7f2-bd5f0562f228:8839eddyeIf we think the subprime loans are the only scams around, what about the mortgage servicing companies that are over charging on escrow accounts causing the good homeowners who have played by the book and have paid their mortgages on time for years are now at a crossroads of either strapping down to pay higher mortgage payments or walking from their homes. Most payments are arranging from an extra $500-$600 per month., this is heartbreaking for most homewoners. I will give an ex. on the next page<div style="clear:both;"></div><img src="http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=8839" width="1" height="1">