Ditech Financial LLC Mortgage Complaint

Ditech Financial LLC Mortgage department,

FHA mortgage Loan servicing, payments, escrow account Illinois

Ditech has increased my mortgage payment consecutively each year citing escrow shortage. Although my liabilities did not increase this year they have now added an additional $75.00 to my monthly payment. My current escrow balance has $770.00 in it. Over the course of this next 12 months my liabilities will total $4300.00. They collect $360.00 each month in escrow. I will pay $4300.00 over the next 12 months to escrow. Adding that $4300.00 to my current balance of $770.00 the total in escrow will equal $5100.00. That is way over the cushion they claim to have. This company is constantly trying to overcharge customers in fees and escrow. I would like them held accountable for their bad business practices. I would like my payment to accurately reflect the cushion they claim exists. Their cushion is listed as $480.00. If they were calculating correctly using this cushion and my current escrow balance, my monthly escrow charge should be only $290.00. Not the $360.00 they 're currently charging. I 'm currently overpaying.