forced flood insurance
FORT MYERS, Fla. - A local couple makes a Call for Action after battling two banks for six months over forced flood insurance. The problem? One bank forced flood insurance on their mortgage, despite proof that they were already covered! Then when the couple thought they were in the clear, their mortgage was sold and the second bank, threatened foreclosure!
Married for 47 years, Elsie and Jose Dacunti, retired educators from Michigan, had been enjoying Southwest Florida condo living for eight years. That is until nearly a year ago.
"September or July of last year, SunTrust who had been my carrier of my mortgage, sent me a letter telling me that my mortgage was going to go up from $579 to $995 because I needed flood insurance," Elsie told us.
She quickly faxed SunTrust proof that her homeowner's association insures everyone in the community, for flood.
Thinking she had... http://go-travel.ucoz.com/news/forced_flood_insurance/2013-05-25-2515
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