Gmac
Escrow Shortage Demand of $4,000 Ten Months After Refinance
We had a GMAC FHA loan with a 30 yr fixed rate, and about 21 months later we refinanced to a lower interest rate. We refinanced with GMAC and got a 30 year fixed rate loan at 4.375 %. We were originally told the loan would cost us around $4,000.in the end the loan cost us around $8,000.00. However ...