Fiduciary Responsibility 0
Bankster style:
He was annoyed. “When Countrywide had it I paid my own taxes,” said Bohannon, 67. “I always paid them and I didn’t think I had to worry about it.”
But Bohannon, who is semi-retired and cares for disabled people in his home, wasn’t half as annoyed as he was last month when he got a letter from his town saying his property taxes, due April 10, had not been paid. He was delinquent.
The bank sent the town a lump-sum check for all its mortgage customers in the jurisdiction. The town sent it back, along with a letter and a phone call, because it was for an incorrect amount. That was the last the town heard of it.
Also, Vermont apparently has a exceptionally complicated system for figuring property taxes.
But, really now, that’s what computers are for.