Bayview Financial - Making us get insurance we don't need

Making us get insurance we don't need

Feb 27, 2008

Bayview Financial complaint by Loughmiller

When Bayview took over the loan/mortgage, my x-husband and I were forced to take out flood insurance on property that hasn't seen enough water to get the ground wet nonetheless to flood the house.

We have a basement and I told them that I'd have a swimming pool before I got ANY water in the house. We have never had to have flood insurance with any other mortgage companies (we have had 3 others), they keep selling our mortgage and we keep getting the shaft with every NEW company.

I talked to FEMA,no help there, they say that we ARE in a flood zone. They haven't even assessed this area for high water since/atleast 1978. Since then the city has put in a draw area for the "extra" rain water to flow to.

I think it stinks that this company that sin't even in this state can dictate WHAT KIND of insurance I MUST have for my property.

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Everyone calls my number and not Bayview Financial loan servicings number , which is 305-341-5611 or

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