Borrower disputes disbursement of refinancing funds - 2004-03-14
I refinanced my home in October with the understanding that a credit card balance and the existing balance on my house would be paid down. As of this date the credit card balance is still outstanding. I hope you can help me out on this matter. Wesley Becwar

Response: Steven Stoll, owner of TurnKey Title Co. in Fort Lauderdale, said his company served as escrow agent for your refinance transaction with Ameriquest Mortgage Co.
Read the full story at St. Petersburg Times

Buyer beware of dishonest mortgage companies - 2004-03-14
Interest rates are at a historical low and lots of homeowners are profiting from the opportunity by refinancing their loans. But as one News 8 Austin viewer found out, not every mortgage company has the consumers' best interest in mind.

Kenneth and Marie Thompson pay about $1,000 a month for their home in Pflugerville. They wanted lower mortgage payments, but bad credit left them with few options. So, they decided to refinance.
Read the full story at News 8 Austin