America's Servicing Company Escrow fraud: MD and AZ State banking departments cover up ASC, declaring that they "have no jurisdiction" ripoff ASC cheats customers systematically by manipulating their escrow accounts. Frederick Maryland
ASC cheats customers systematically by manipulating their escrow accounts. ASC would not explain an increase of about $ 400 per year in escrow charges. Letters and faxes have remained unanswered until today.
We filed a complaint with the Arizona Banking Dept. The answer was: "Recently we received correspondence concerning a certain matter which appears to be more clearly within the jurisdiction of your agency" (forwarding the complaint to the MD Banking Department, because the company is located in Maryland).
After a month we received the answer from Maryland: "Unfortunately, your dispute does not fall under the Commissioner's jurisdiction" (Because we are Arizona residents.)
No wonder that ASC can go on cheating people if the authorities cover them up.
Stefan
Phoenix, Arizona
U.S.A.