Remember that whole Taylor, Bean & Whitaker mess?  It’s been on my mind since it happened, I think in part because I have friends whose mortgage is with TBW.  And one of the questions they asked was “where do I pay my mortgage?“  Word to the wise … keep paying.  They’ll tell you where to send your next payment.

But what hypocrisy, because as homeowners are making their payments to Taylor, Bean & Whitaker, it’s highly probable that the company is not making the necessary payments to the municipalities and insurance companies on behalf of those same borrowers.  I dug around a bit today and am starting to hear that that in fact is the case – more and more companies are probably going to begin reporting that escrow payments from TBW are not being made.

Find out what to do, at NRVLiving.com ...

 

1 Comments on Insurance Companies To Taylor, Bean & Whitaker Customers – “your bill’s in the mail”

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Scary stuff.  Maybe there should be a "cash for klunkers" program for borrowers to refinance out of their mortgages with these types of companies....(and let TBW keep the klunker!)

 

2:38pm • #1

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Jeremy Hart

Blacksburg, VA

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Coldwell Banker Townside

Address: 220 Professional Park Drive, Blacksburg, VA, 24060

Office Phone: (540) 998-4731

Cell Phone: (540) 998-4731

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A look at Real Estate in the New River Valley of VA. Sometimes on topic, occasionally irreverent, always Real. That's why we're Real Estate. Simplified.


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