Conventional adjustable mortgage (ARM) Settlement process and costs
Ditech Financial LLC Mortgage department,
Conventional adjustable mortgage (ARM) Settlement process and costs California
I have owned a property in Hawaii for quite sometime and have always had full hazard insurance on it. Last year I got a letter from - - - saying I needed to add Hurricane insurance on the property. I do mortgage loans and know that most banks do n't require hurricane insurance. I was forced to buy it from a company called - said they would put expensive insurance on it. - then sold the loan to greentree and then it went to ditech. I called ditech to get out of the added insurance but they said it was wind and hail insurance. There 's no Hail in -. A woman named - in their insurance department said it was ditech 's policy. I do n't think the bank that purchased my loan should be able change the contract and add an additional insurance cost as a requirement. Some banks for years have been trying to say that it 's a state requirement to have hurricane insurance in -. It 's not - it 's a racquet.
Ditech Financial LLC customer in California
Jan 04, 2016
* Source: CFPB Complaint Database
Ditech Financial LLC response to complaint:
Closed with explanation
Submit a complaint with the Consumer Financial Protection Bureau today
File ComplaintWebsite | https://www.ditech.com/ |
Phone | 800-700-9212 |
https://www.ditech.com/contact-us/home-loan-specia | |
Address | 1100 Virginia Drive Suite 100A Fort Washington PA 19034 |
Ditech Financial LLC | |
Ditech Financial LLC |
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