I have had a second mortgage with this company, and have never been 30 days late - which is what is reportable as late on credit in the Mortgage Industry. I have only exceeded the 15 day grace period 1 time.
Since the bank was siezed by the FDIC I have begun to receive calls daily about my account after being only 5 days past the due date, and still within the grace period.
I have complained to them as this is harassing. I am told that they can call me daily and that the call is an attempt to collect on a debt.
Is this practice legal?
I do not get calls from my primary lender ever and use the same practice.