Taylor Bean & Whitaker Customers Still Waiting for Answers

My refinance in July still has lots of problems. The fund was frozen, and my old loan has not been paidoff. My new loan is still with TBW, and it didn't get transferred yet as of today. I spent time calling TBW every other day to see what happens to my loans (both old and new). I have escrow balances in both loans, and I keep paying every month to the escrow account. My property tax is due in 2 weeks. But I don't know if TBW will pay my tax. I need HELP!!!

I refinanced just before they closed and never recieved a refund on my escrow. taylor bean gives me a different answer everytime I call. I am speaking with an attorney to try to get answers.

We refi in late July. Our original loan was with TBW and we stayed with them. The escrow and things were just moved over to the new loan (we didn't have any closing costs except an appriasal). However, TBW transferred our old loan to Cenlar and did not pay off the loan. Cenlar is waiting for TBW to pay them. Our escrow is in the new account, but frozen like everybody else -- and waiting for the release of funds. Our taxes were due in Sept. and we paid with our own money. So hopefully, by the next tax due date, this will be resolved. We've been in contact with state regulators, at least they know the situation at hand.

TH: You're not alone. Our escrow money can't be found and our new servicer is looking for $6000. I want to see people to prison time for this.

My escrow is now over $1800.00 short seeing that TBW took the money out to pay our taxes and obviously the funds didnt clear and my new bank had to pay them so my escrow was double dipped and TBW told me they are releasing the funds in steps per the bankruptcy judge. In the process my mortgage payment is going up, Bank of America isnt working with me, telling me it is a problem between TBW and Me. This has gone on since September 2009. Either send me the check or give it to BOA and put it back in my escrow. Not everyone can afford a huge raise in there mortgage payment.

Ok so our loan got transferred to bofa. Escrow funds as well. Our August payment was never taken out of our checking account. It was scheduled for the 5th. Bofa took over the 6th. Bofa I noticed in the Sept payment it showed that bofa paid out the pmi of august &sept. Also did our property insurance. Now my ? is what will happen to the august payment? Since bofa paid the pmi that amount should be less now. What should we expect? Will they ever take it out?

It was transferred first week in Sept. but retro back to Aug 6th. We just checked our credit reports and it shows the TBW account as closed. Can they take $ even if the account is closed?

Patti, This is what happened to me with my escrow. TBW took out monies out of the escrow to pay my property tax but it was never paid, The BOA then paid my taxes also and now my escrow is short and I am told by TBW that when the bk judge releases more phases of payments BOA should get the escrow money due to them and then I will get a reconciliation when they redo my mortgage and I will get it back since they have raised my payment up also $125