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#1
Old 08-25-2009, 09:07 PM
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Quick question for you guys.

Did I just miss the press release or was nothing announced about Taylor, Bean & Whitaker Mortgage Corporation closing it's doors? You guys are more in the loop than I am and look out for these types of things. I received no warning or anything just went to make a house payment today and just found out the company had closed it's doors. At this point I'm not even sure who owns my house note right now. Very frustrating.

Just wondered if you guys had heard something about this.
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#2
Old 08-25-2009, 09:23 PM
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Here you go.
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#3
Old 08-25-2009, 09:23 PM
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Bank of America owns your home now.
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#4
Old 08-25-2009, 09:26 PM
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Quote:
Originally Posted by stressfire II View Post
Bank of America owns your home now.
I don't like BOA's practices. I prefer my credit union... or any credit union for that matter. BUT opinions are like *******s...
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#5
Old 08-25-2009, 09:29 PM
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Quote:
Originally Posted by corporationpaintball View Post
I know that much. I was just wondering if any of you guys had heard anything prior to this about the company and why they went belly up.

Quote:
Originally Posted by stressfire II View Post
Bank of America owns your home now.
Seems that way, which really sucks. I spoke with BOA and they don't have any info yet. So much for things running smooth. No damn wonder this country is falling apart.

Quote:
Originally Posted by barrel roll View Post
I don't like BOA's practices. I prefer my credit union.
Same here. Credit unions are easier to deal with.
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#6
Old 08-25-2009, 09:30 PM
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Personally I haven't, but I'm not plugged into that scene.
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#7
Old 08-25-2009, 09:31 PM
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I'm sure one of the regulars is which is why I posted in here.
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#8
Old 08-26-2009, 05:43 AM
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I think hsilman works at a credit union.
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#9
Old 08-26-2009, 06:01 AM
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Quote:
Originally Posted by barrel roll View Post
I don't like BOA's practices. I prefer my credit union... or any credit union for that matter. BUT opinions are like *******s...
Yeah BOA is pulling some shifty **** with my mortgage, though I've been fine overall with them until now. May have to start shopping for a refinance.
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#10
Old 08-26-2009, 06:25 AM
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I just have a hard time agreeing with any of BoA's practices. They seem to snake you out of money every chance they get. USAA has never failed me.
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#11
Old 08-26-2009, 08:59 AM
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Originally Posted by Furious Ge0rge View Post
I think hsilman works at a credit union.
indeed I do, however, we outsource our mortgages and I'm not up to date on these sorts of things. I knew before Temecula Valley Bank was going to go under though since we had an investment with them, but that wasn't a big deal.
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#12
Old 08-26-2009, 10:00 AM
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Originally Posted by NotMaxpowOrDarshSauc View Post
I just have a hard time agreeing with any of BoA's practices. They seem to snake you out of money every chance they get. USAA has never failed me.
USAA (insurance side) has screwed me over. I have a one strike policy with incompetence and companies dealing with my money.
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#13
Old 08-26-2009, 11:44 AM
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#14
Old 08-26-2009, 03:49 PM
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BOA said they would honor my mortgage that I had with my former company. As of right now my loan is in limbo as BOA doesn't have the info yet and my old mortgage company is shut down. It's a wait and see at the moment.
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#15
Old 08-26-2009, 03:51 PM
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Better bank that payment away for safe keeping. I wouldn't be surprised if they tried something shifty when they finally show up to start collecting.
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#16
Old 08-26-2009, 04:01 PM
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Originally Posted by CrazyLittle View Post
Better bank that payment away for safe keeping. I wouldn't be surprised if they tried something shifty when they finally show up to start collecting.
Yes sir, I plan on doing that. I just got off the phone with a loan officer from my credit union and they don't do a 100% finance so I'm stuck with BOA for the moment. I don't respond well when people screw with my money so this may get interesting before it's over with.

I was joking with a co-worker today about driving to FL and paying a visit to the owners of my old mortgage company. He asked who I was with and it just so happens his mortgage was also with the company. They sent him a bill stating that he had not paid enough in on his insurance to cover his insurance payment. He had no idea that the company had closed. I told him I wouldn't pay anything until he spoke with his new mortgage company. It's just sad that companies don't send out letters letting people know what is going on.
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#17
Old 08-26-2009, 04:05 PM
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I have a bank of america CC. I can't complain with it. So far they haven't done anything bad or made any mistakes.
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#18
Old 08-26-2009, 04:16 PM
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Quote:
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BOA said they would honor my mortgage that I had with my former company. As of right now my loan is in limbo as BOA doesn't have the info yet and my old mortgage company is shut down. It's a wait and see at the moment.
That's good to hear
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