Joshua, TX asked in Banking and Foreclosure for Texas

Q: Do I need to sue my mortgage company because they made a mistake in my escrow account?

We found an error on our escrow account analysis in January. When asked Flagstar about it, we got the run around, saying it was our fault. Back before October we got a letter stating it was time to renew home owners insurance. So we called, and we had to get the insurance company to fax Flagstar the declaration. They told us it was taken care of. Followed up a few days later, they told us is was processed. But, back to January, on the analysis, had 2 charges for insurance, one for ours and one for forced lender coverage. When questioned we got several different answers. Then we were told there was a shortage is coverage because they never sent the payment after they processed it to the insurance company. In the meantime, still saying we needed to pay the higher note, and the shortage amount. Asked for a new analysis, then had to ask again a month later. Nothing fixed. Then we were told don't pay until they get it straightened out. There's more, but out of room.

Related Topics:
1 Lawyer Answer
Bruce Alexander Minnick
Bruce Alexander Minnick
  • Business Law Lawyer
  • Tallahassee, FL

A: Go with the answer you got: Stop everything until the bank gets it straightened out.

Justia Ask a Lawyer is a forum for consumers to get answers to basic legal questions. Any information sent through Justia Ask a Lawyer is not secure and is done so on a non-confidential basis only.

The use of this website to ask questions or receive answers does not create an attorney–client relationship between you and Justia, or between you and any attorney who receives your information or responds to your questions, nor is it intended to create such a relationship. Additionally, no responses on this forum constitute legal advice, which must be tailored to the specific circumstances of each case. You should not act upon information provided in Justia Ask a Lawyer without seeking professional counsel from an attorney admitted or authorized to practice in your jurisdiction. Justia assumes no responsibility to any person who relies on information contained on or received through this site and disclaims all liability in respect to such information.

Justia cannot guarantee that the information on this website (including any legal information provided by an attorney through this service) is accurate, complete, or up-to-date. While we intend to make every attempt to keep the information on this site current, the owners of and contributors to this site make no claims, promises or guarantees about the accuracy, completeness or adequacy of the information contained in or linked to from this site.