Just an FYI, for any of you dealing with this Servicer, they are not serving you, they are serving themselves. I recieved a form letter from Shellpoint today (THE 3RD ONE!!!) saying because they have not recieved the proof of insurance on my property, Forced Placed Insurance was put in place and would be charged to me, mind you I have had the same homeowners insurance since 1986!!
Upon speaking with my insurance agent immediately, we back tracked my policy, and found that SHELLPOINT made the policy payment on December 17, 2018, prior to that date, FORCED PLACED INSURANCE had been added to the loan on 10/10/2018 thru 01/13/2019, Company name is NATIONAL FIRE AND MARINE INSURANCE CO.
REMEMBER DATE OF DECEMBER 17, 2018, IN PREVIOUS PARAGRAPH,
Homeowners insurance was paid by SHELLPOINT
FORCED PLACED INSURANCE WAS ADDED PRIOR TO DECEMBER 2018, EFFECTIVE DATE: 10/10/2018, APPROXIMATELY 2 MONTHS BEFORE SHELLPOINT HAD MADE THE REQUIRED POLICY PAYMENT TO MY HOMEOWNERS INSURANCE IVE HAD SINCE 1986.
HOW SHALL I WORD THIS??? INSURANCE FRAUD SOUNDS GOOD!
Product or Service Mentioned: Shellpoint Mortgage Servicing Mortgage.