Jill
Seekonk,#2Consumer Suggestion
Fri, January 31, 2003
Just a note, as a real estate professional, and having been through this many times myself, your new loan company takes on the responsibilities and all escrow money should be transfered to them, not mailed to you. This is part of loan servicing. You should receive an accounting from both companies at least twice a year with your escrow figures and payments out. Try contacting the AG's office in your area or a good real estate attorney who should be able to assist you. If you can't find anyone, I've used a pre-paid legal company to write letters for me. I've had Olympus too and they stink at this, but time and persistence will work, make sure you put the burden on your new mortgage servicer And GOOD LUCK!