- Report: #94333
Report - Rebuttal - Arbitrate
Complaint Review: PHH Mortgage
PHH Mortgage3000 Leadenhall Road Mount Laurel, New Jersey U.S.A.
PHH Mortgage PMI Fraud Charge Fraud, falsification of documentation, overcharges, discrimination ripoff Mount Laurel New Jersey
A business' first
line of defense
on the Internet.
If your business is
willing to make a
Click here now..
Company stated I was charged such a high PMI rate because of my credit rating. Joanne Smith was in charge of my mortgage servicing. When I asked Joanne to define PMI for me, she said, "I don't know anything about PMI. It's not my field of education. All I know is that you're stuck with it."
I informed Joanne that I had been a mortgage processor for 5 years and PMI is NOT based on a person's credit rating. She said, "in your case, we made the exception." A week later I had a male relative contact Joanne about how the company figured out PMI was calculated & if a person's credit rating was used, she said, "No, we do not use a person's credit rating in calculating PMI."
People in the mortgage services department of PHH refuse to take my calls. When I call, I'm either hung up on or put on hold for an excessively long time. Correspondence is not answered. The company also refuses to let me talk to the Underwriting Department nor give me the company president's name & contact info.
In addition, the company also refuses to send me monthly statements showing me my balance, payment distribution, and other financial information. Joanne stated that I can always call to get the information.
FORT FAIRFIELD, Maine
This report was posted on Ripoff Report on 06/09/2004 09:52 PM and is a permanent record located here: http://www.ripoffreport.com/r/PHH-Mortgage/Mount-Laurel-New-Jersey-08054-4606/PHH-Mortgage-PMI-Fraud-Charge-Fraud-falsification-of-documentation-overcharges-discrimi-94333. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
If you would like to see more Rip-off Reports on this company/individual, search here:Search Tips
In order to assure the best results in your search:
- Keep the name short & simple, and try different variations of the name.
- Do not include ".com", "S", "Inc.", "Corp", or "LLC" at the end of the Company name.
- Use only the first/main part of a name to get best results.
- Only search one name at a time if Company has many AKA's.
Advertisers above have met our
strict standards for business conduct.