Blog: Latest Update From Taylor Bean Whitaker
Added September 18, 2009 by Jennifer A. FreemanWe just posted the latest update to the confusing situation with failed mortgage servicer Taylor Bean Whitaker. According to the director of mortgage supervision for the Georgia Department of Banking and Finance, TBW has been to a hearing at bankruptcy court and has been given a deadline of October 31 to figure out who is going to be servicing which loans.
From your comments emails, and phone calls, we know it is very frustrating for all of you who are trying to make your mortgage payment, but don't know who to make the check out to, or don't know where your money has been going. But at least now there is a date set to have this all sorted out. Please read the full update on Taylor Bean and Whitaker given a deadline at bankruptcy court.
Take a look at the Taylor Bean and Whitaker topic page and check out all the other updates. We may have more recent information, but join in the conversation going on in the comment section. You may find someone with the same problem, or someone who can help you out.
*We're keeping an eye on your comments so we know what kind of questions to ask as we call for daily updates on the Taylor Bean and Whitaker situation. Keep the comments coming. *
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Comments
Tracey says
I just received this email from TB&W in response to my "where's my august payment that was debited" message: TB&W is in the processing of posting payments received by our office after 8/5/2009. Late fees and negative credit reporting will be waived for the months of August and September 2009. If your loan has been transferred to a new mortgage company, the payment will be forwarded to the new company. Also, you will need to contact your new mortgage company regarding insurance payments as they are now responsible for sending escrow payments on escrowed loans. Sincerely, Customer Relations Team Taylor, Bean & Whitaker Mortgage Corp. Replies must be sent to loaninfo@taylorbean.com