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Chase Mortgage / mortguage fraud - escrow

1 United States Review updated:

In 2012 Chase decided that we needed to have very expensive insurance on a rental home we have in Brownville, Maine and required that we pay over $2000 dollars a year for the previous two years and increased mortgage payments by more than double. The house was only worth $35K and only had $10K left to pay on it but Chase required $250K of insurance.

Wa
Apr 5, 2013
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Comments

  • No
      5th of Jul, 2013
    0 Votes

    I clicked on this site for much the same reason as you describe. Mortgage payment to Chase has risen from 1200 to 1777 over the last couple of years. They blame it on escrow and penalties for letting my windstorm insurance lapse. The statement they send is a bunch of gibberish and makes no sense. Calling them is worse.

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