Just reworked the home equity loan payments, w/Warren Bank, just hope we aren’t going to be treated like a ten year old boy at Michael Jacksons Ranch.
They were very good with us, understood, now who knows?
BE PREPARED. We had our mortgage through NBD some years ago, then Washington Mutual bought out their mortgage arm. Within a month of the buyout, we received what basically amounted to a financial demand. WaMu clients, turns out, were required to keep a full year’s property tax in escrow, as well as a 50% “cushion” of projected hazard insurance. At the time, for us, it came to about $2,000. Due in 30 days. The immediate refi (no way was I staying with them!) cost us less (we went with BankOne, which is now Chase) and thought that was the end of our dealings with WaMu. Not so! A year or two after that, we went to take out a home equity loan. It was held up for two extra weeks because WaMu had never released the title after the refi. I’m glad they went belly up. They had it coming to ‘em.