E Trade Mortgage loan misinformation

by KR0 on 2005-02-28 19:15:36

Apparently E Trade Mortgage and E Trade Bank violated truth in lending in
regards to mortgage loans that have been issued since 1999. It would seem
that these loan documents included a 400 dollar lock in fee for the quoted
rate. If you go to http://www.lawyersandsettlements.com/case/etrade_mortgage
there is a lot more information on this E Trade mortgage loan, the lock in
document, and the rate quotes. There is also a free case evaluation form
that might of use to those who have taken out such a loan. I hope this may
be of some interest or help.

kr0