Usacomplaints.com » Business & Finance » Complaint / Review: MGC Mortgage - Not paying property taxes. #570979

Complaint / Review
MGC Mortgage
Not paying property taxes

MGC Mortgage didn't spend my home taxes which were due on November 15. I've approached them 27 occasions and also have been informed the same each time: 1) Yes we all know we're in breach the our agreement along with you. 2) Yes, we all know that people will need to spend the fees as well as the attention. 3) Yes, we observe that your consideration is designated "immediate pay". 4) Number, we don't understand why it's not been compensated.

In January of the year, I obtained a notice from MGC Mortgage informing me they have underestimated the home taxes which are due plus they are needing me to pay for one more $160.00 monthly.in December the escrow balance on my claims went from over $2000 to some damaging ($165.00). Therefore, I thought they'd settled my property taxes. After I named my state tax division the latter section of December that's after I was informed they didn't spend my fees, however they did obtain a duplicate of the duty declaration in August.

They've also attempted to cost me a regular "overdue charge" simply because they didn't approach my cost promptly. I delivered them notice of the their authorized bill of my cost permitting them seven days running period, so that they corrected the costs. Normally it requires them up to 21 times to approach my cost.

I discovered fourteen days before the Texas State Bank Payment has had over-regulation of the organization. And so I approached them. I had been informed by them they have "floods" of grievances arriving about MGC not paying fees or not spending insurance as previously mentioned in mortgage agreements. I had been subsequently provided the net address inside the Texas Bank Fee to obtain paperwork to publish for them for evaluation.

I've realized that they're aquiring a lot of mortgages from big banks like Bank of America. Are they applying my absent property taxes to suppose these loans?


Offender: MGC Mortgage

Country: USA   State: Texas

Category: Business & Finance

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