Pappas Calls on Mortgage Companies to Rescind “Frightening” Letters to Homeowners, and Apologize

And Demands the Companies Pay Taxes on Escrow Counts as Law Requires
CHICAGO, Nov. 8 /PRNewswire-USNewswire/ — Cook County Treasurer Maria Pappas today called on mortgage companies to rescind thousands of letters meant to “frighten” property owners into sending property tax bills to them and demanded that they pay taxes on their clients’ escrow accounts on […]

Pappas Says Mortgage Companies Try to Frighten Homeowners into Sending Bills to Them

With Misleading Claim About $5 fee Companies Should Pay
CHICAGO, Nov. 7 /PRNewswire-USNewswire/ — Mortgage companies must pay property taxes out of escrow accounts on time whether or not they have the original bill, Cook County Treasurer Maria Pappas said today.