It's a surprise to most but the fact is that almost all mortgages have errors in their interest calculations. The FDIC estimates that Americans are being overcharged $8-10 billion each year because of bank errors. The stats state that 45% of mortgage holders are owed over $1,500 and and 13% are owed over $10,000. You would be the exception if you were not owed money by your bank. There are a number of companies that for a fee and percentage of findings will check you statements for you, but it is now possible to do it yourself with a piece of software being used by over 2,000 accounting firms. It's newly available at Banksentinel You'll find attached to this post an interview with the ex-banker who created the software after finding $22 million in overcharges at the small regional branch where he worked. Feel free to contact me with any questions. Yuri info@banksentinel.com Interview_Int.doc
