Tycko & Zavareei is investigating practices by loan servicers Specialized Loan Servicing (“SLS”), PHH, and Dovenmuehle Mortgage, Inc (“DMI”). for their practice of charging extra fees for the “convenience” of paying their loans or bills over the internet or via telephone. Because the cost of accepting payments this way is so small, these potentially illegal fees are merely a convenient way to increase profits at the consumer’s expense.
To date, Tycko & Zavareei has collectively recovered millions of dollars for consumers from a number of major mortgage loan servicers involved in this practice and continues to represent consumers in other cases that challenge the legality and fairness of these fees.
Please note that Dovenmuehle often performs “private label subservicing” in which it performs its serving duties under the name of another servicer or lender. You might not even know that Dovenmuehle services your mortgage as your monthly statement may contain the name of a different servicer or your lender. According to available public information, Dovenmuehle subservices loans on behalf of the following financial institutions:
Dovenmuehle services mortgages on behalf of many other financial institutions. Some clues that your mortgage may be subserviced by Dovenmuehle include:
If you have paid a fee to one of the above companies — for making a payment on your loans or bills over the phone or internet — and would like to speak to a lawyer, please complete the form below:
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The results achieved on behalf of one client in one matter does not necessarily indicate that similar results can be obtained for other clients.
We look forward to hearing from you.