American Home Mortgage Servicing
Loan Modification and Escrow Shortage

We entered in to a mortgage loan modification contract with AHMSI in December. They included $14,000 towards the primary of our mortgage, including $7,184.02 for cost of deliquent taxes and insurance. We created our first first cost in February prior to the total amount mentioned On-Schedule "A" of the mortgage loan modification. We subsequently obtained an escrow evaluation declaration in March declaring our escrow had a shortage of around $5,000 which $400 could be put into our mortage cost to lessen the escrow shortage. AHMSI states the scarcity outcomes from their store spending the deliquent taxes. I countered the deliquent taxes were put into the main of my mortgage and amortized over thirty (30) years and nothing within the mortgage loan modification files suggests the deliquent taxes could be repaid in 12 weeks because they are currently attempting do. Has this occurred to other people?

Company: American Home Mortgage Servicing
Country: USA
State: Florida
City: Jacksonville Beach

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