Countrywide was fine on the first original home loan. It was when I
refinanced in October 2002 that things got really bad. Some moron at
Countrywide had me down for $850 for my yearly insurance payment. This was
two months after they cut a check for $1588 to State Farm on my old loan.

I've never had any problems with State Farm on my home owners insurance.
They've put on a new roof and repaired the damage from the upstairs water
heater.

Richard
Houston, TX


"Gini" wrote in message
...

"Richard" wrote in message
...
Towards the middle of 2002 I decide to take advantage of the lower
interest
rates on homes. I had also remarried and wanted to make sure my new
spouse
was on the title. The original mortgage was with Countrywide Home Loans
(a
division of Treasury Bank N.A.) who has offices in the same building
with
General Homes, the folks who built my house. I called Countrywide up and
discussed the options and finally started the ball rolling. On October
28th
2002 we signed the paperwork at the title company to refinance the house
for
15 years at 6%.



The first sign that something was wrong was when I received a notice my
escrow account was over $1300.00 short and my monthly payment was going
from
$999.22 to $1216.51. I was alarmed at this sudden rise in the payment
and
contacted Countrywide.
==
We have a mortgage with Chase Manhattan. It is not uncommon for our escrow
payment
to change yearly, however it is always in the neighborhood of $25.00.
Perhaps
you should compare rates with other insurers.
==