Asked 2/10/2010
|
Is it illegal for a mortgage company to demand flood insurance for more than what they are owed? My mortgage was sold. The new mortage company is demanding flood insurance for the replacement value of my home and not just for the mortage amount. Is this legal? How can I fight this? |
Type your Answer in the box below and post your answer.
Related Questions (Ask a New Question)
Us military sgt, started process to purchase townhouse through va loan in liberty county georgia. was suppose to close the dal on dec. 30, 2008. real estate giving me the " run around", i turned in all needed paperwork, was pre approved by bank, got insurance on the place, paid all fees etc....
It. our mortgage was sold the day we signed to chase. in our contract there was a certificate from vist bank saying we were not in a flood zone. if we were we would never have signed the contract, because our payments would have been too high. nothing has changed with fema since 1986 on this parcel....
|
Us military sgt, started process to purchase townhouse through va loan in liberty county georgia.... |
|
It. our mortgage was sold the day we signed to chase. in our contract there was a certificate... |
|
The appraiser indicated at this time that it was n ot in a flood zone. a year went by and... |
See more Flood Insurance questions
Ask A Question
Ask a new question about
Flood Insurance: