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Author: vkg Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 881837  
Subject: Re: Paid off mortgage tales Date: 10/3/2012 11:27 AM
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We'll owe less than 25K on ours at the end of the fall. When our bank was sold a year after we refinanced it, we ended up with Chase as our mortgage holder. I can't wait to get out from under them!

LWW


Some mortgage companies are obnoxious and/or just incompetent.

For a number of years, we had to resubmit insurance coverage every year. They would claim it was never sent, and try to force us to pay for their overpriced useless insurance.

I was not disappointed when they went into bankruptcy and the mortgage was transferred. The subsequent lender never had a problem with receiving the insurance coverage statement.
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