Flagstar has increased our payments because of there low estimate of taxes for two years in a row. Even after we had just closed on the house, they were way off on the taxes.
When I inquired about this and the two month extra cushion for escrow they wanted, they told me they "demanded" that I pay this. Or they alternative was $800 for a escrow waver so that I will pay the taxes and insurance. Pay them $800 so that I can handle my own billed and get it right? I will never do business with them again.
No one should ever tell a customer that they "demand" anything specially if that customer has a great creidt rating.