Webster Bank Complaint: Loan servicing, payments, escrow account

#1581595 26 Sep 2015

Mortgage Conventional fixed mortgage

Complaint #1581595 submitted on 09/26/2015 relating to Webster Bank. Complaint relates to Mortgage Conventional fixed mortgage - Loan servicing, payments, escrow account .

Complaint was submitted via Web and sent to the company on Saturday 26th September 2015.

Narrative (may be redacted).

My mortgage company, Webster Bank, NA, is charging me {$5900.00} for hazard insurance, because they claim that I have not provided proof of hazard insurance coverage. I provided proof of hazard insurance coverage six times by fax as well as once by mail. I have called the bank 's insurance company approximately 5 times. Each time they send me a letter stating that I must provide proof of hazard insurance coverage -- the same hazard insurance coverage I have been providing over and over again. The bank is violating the terms of the mortgage by charging me for hazard insurance when the building is already covered with adequate hazard insurance. They seem not to care about this.

Company Webster Bank
Complaint ID 1581595
Date Received 09/26/2015
Product Mortgage Conventional fixed mortgage
Issue Loan servicing, payments, escrow account
State/ZIP Code NY 112XX
Consumer Consent Consent provided
Company Public Response
Company Response To Customer Closed with explanation
Submitted Web 09/26/2015
Result Timely Response: Yes, Consumer Disputed: No
 

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