Legal Question in Real Estate Law in Wisconsin
mortgage servicer
Can a mortgage servicer use their posting date as the date payment is received even though it takes them 2-3 weeks to post the payment, making the payment late?
Asked on 6/27/99, 12:03 pm
1 Answer from Attorneys
D Patrick Zimmerman
Law Offices of D Patrick Zimmerman
Re: mortgage servicer
A letter is received when posted in Pa. If there is nothing in the mortgage to the contrary, payment is received at least when it reaches the mortgage Co. Try sending by certified mail as proof when they receive payment.
Answered on 7/08/99, 12:48 pm