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mylossdraft.com Consumer Complaints & Reviews

CitiMortgage / insurance claim

Reviewer68474 on Feb 8, 2016
State Farm Insurance Policy # 56-BA-G5661 Fire Damage Claim; #32-K-159-803 Date of Loss: 7/8/2009 Proceeds of $72, 079.50 were written to Citibank, endorsed and cash without my knowledge. I have been seeking assistance in this matter since February 2015, to date I've gotten no resolution...

Wells Fargo Home Mortgage Loss Draft Department / they are completely ridiculous and prolongs situations when getting your insurance settlement

Woody1 on Apr 19, 2011
We live in NJ. This is our 3rd flood in 4 years, 2 in the same year by a day. This mortgage company is abosoultely ridiculous and really jerks people around when it comes to getting their insurance settlement. People lives have been devistated and it takes easily 4 - 5 weeks before an...

Wells Fargo Home Mortgage / extremely slow payment processing

Heinz J. Fuchs on Apr 1, 2011
Following the damage assessment of the water damage to our house in Garrison the insurance company paid for it relatively fast. Unfortunately, Wells Fargo was required to endorse the check from the insurance. Their processing department "mylossdraft.com" took over and the financial desaster...

CitiMortgage / loss draft dept

I suffered a plumbing failure and subsequent flooding in my house in Florida while I was away on vacation. The insurance company promptly sent an adjuster and sent a check to me to cover the damages. Since CitiMortgage had the mortgage on the house I was required to endorse the check and...

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