In today's New York Times, Gretchen MORGENSON shares with us ("Clicking the Way to Mortgage Savings", NY Times, Sunday December 23, 2007, Page Bu 1, http://www.nytimes.com/2007/12/23/business/23gret.html ) information relating to a free online service supplementing and elaborating mortgage fee disclosures, which service is available from FeeDisclosure, L.L.C.:
I generally am in favor of and applaud private sector solutions to market challenges and without actually endorsing this particular site, would encourage anyone with issues or questions about their fees to at least survey this online resource!
Admittedly, the focus seems to be on the adequacy, accuracy, precision and correctness of pre-closing and closing concurrent disclosures. But perhaps some of you who have experienced problems can comment upon the extent to which this resource might have actually been USEFUL to you had it bee readily available and known to you prior to execution of mortgage instruments.