Recent content by SCMts

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    Questions about force-placed insurance and escrow accounts

    Thanks. I found an answer at HUD.gov... As long as your mortgage payment is not more than 30 days late, Section 6 of RESPA requires the lender to make escrow payments, for taxes, insurance, etc., in a timely manner. You should write to your lender and complain. If your lender does not refund...
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    Questions about force-placed insurance and escrow accounts

    My mortgage company failed to pay my homeowners insurance premium and the policy was canceled. The premium was $1,146.00 from 12/15/15-12/15/16 I have an escrow account with enough funds to cover this amount. After the insurance policy was canceled, the mortgage company bought force-placed...
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