E Trade Bank
Forced placed flood insurance

Business & Finance

I received a letter in 12/06 regarding a declaration of flood insurance was needed for my E Trade Home Equity Account. I called the mortgage company and one was faxed to E Trade. I received another letter in 01/07 & 02/07 & 03/07. Multiple faxes were sent in all of these months and I was told "not to worry about it, I will not be forced placed". Well, I was and I didn't find out for 11 months.

I was reimbursed for the forced placement but not the interest. Additional money was paid to the interest when it should have gone to the principle. And I can't get an answer, except write a letter to corporate. I'll be damned if I don't get a phone call on the 2nd of the month if payment isn't there on the 1st. Maybe I should say write a letter to corporate?

I can't get an answer out of anyone how to recoup the money and I am tired of getting upset and getting attitude & even snickering on the other end of the line.

Lets see what the letter can do


Company: E Trade Bank
Country: USA
State: Pennsylvania
City: Pittsburg
Phone: 8003212206
Site: etrade.com
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