Barclays American Mortgage Corp. and PNC Mortgage Corp. are set to become the latest mortgage servicers to pay the piper for allegedly over-escrowing borrowers mortgage accounts, as both have entered into proposed settlement agreements under separate class-action lawsuits. But PNC will apparently get a discount rate on pipers, since its proposed settlement will cost it just 25 cents a borrower.

The cases, Daniel and Suzanne Kruse vs. Barclays American/Mortgage Corp., and Louis H. and Sue Meserow vs. PNC Mortgage Corp. were filed in the U.S. District Court, District of Minnesota, Fourth Division, and the proposed settlements have been scheduled for review Oct. 5 and Oct. 14, respectively.

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