wells fargo home mortgage wells fargo added pmi insurance after i purchased my own and they will not remove phillips Maine

we didnt have our insurance included in the mortgage and neither were the taxes  so tell me how did that just appear???  also i paid my taxes until july so the bill shouldnt be where it is, period.  they have no record of this,, i do.  i wasnt aware of the low ball figure until this mess came into the mail and i got deeper into it.

As Robert points out, check to make sure you know which insurance  for which you are being billed by Wells Fargo: PMI (Private Mortgage Insurance) or HOI (homeowners insurance).  Take out your note and the mortgage to determine what can and can not be collected with your payment. In the notes and mortgages I have seen the lender has the absolute right to adjust the escrow in order to protect their interest in the collateral (the property).

The escrow accounts are governed by the RESPA act so you need to look that up to see what constraints your lender has to follow in keeping your escrow and the required notification procedures by the servicer when you have a shortfall.

In every mortgage I have seen, the lender will put in forced placed insurance if you don't supply a copy of the paid insurance policy to them. Forced placed insurance is extremely expensive and the servicer profits in issuing that type of coverage so it is very difficult to get the servicer to acknowledge that you have paid insurance with another carrier of your choosing. Be diligent in your communications. Keep a copy of everything and send information certified mail return receipt request so you have proof of delivery. Over the past decade the lenders have used the escrow account shortfall to foreclose on the collateral so please don't ignore their communications. Always respond in writing. Get an attorney if you can't get their attention. Make sure to send copies in your letter of paid insurance and taxes etc. Send everything to the right departments at your servicing company (escrow departments are entirely separate). I have seen Wells Fargo explictly foreclose based on unpaid insurance when in fact the borrower had paid homeowners insurance. This is very important for you to take care of immediately. Especially since the homeowners insurance premium is generally due 60 days before the current year ends (which is about now for you).

Good luck. Get help from an attorney in your area if you don't get immediate cooperation with your servicer (Wells Fargo).

You need to verify what insurance you are talking about.  PMI(Private Mortgage Insurance) is basically insurance for the Finance Company, not the Home Owner.  It is NOT the same as Home Owners Insurance.  PMI is generally assessed when your LTV(Loan to Value) ratio is over 80%.   To give an easy example, if you borrowed $85,000 to purchase a $100,000 house your LTV would be 85000/10000 or 85% and PMI would be assessed.  But if say you only borrowed 79000 to purchase the same $100,000 house your LTV would be 79% and they would not add PMI.  If they are adding in PMI you are not going to get that removed until you get a better LTV ratio.  There are specific rules on how this occurs so you may want to see if they are undervaluing your house and see if you can get a new apprasial. 

Now just a few other things about your Escrow Account.  It appears you had an Escrow account in the beginning so what did you agree that it would include when it was set up?   If it was included to pay property taxes they generally have the right to pay them all at once.  If this puts you in a negative escrow they again have the right to require additional payments to make up for this deficency.  Also, how did they come up with this "low ball" amount for your Property Taxes.  If you knew they low-balled you why didn't you start saving up money to account for it?  Did you think that "Hey they made the mistake they must pay for it"...WRONG it doesn't work that way.

Oh and as for the "faulty figures".  Know that many of those faulty figures were lies about the income of the borrower...which in that case the borrower has as much responsibility for the lies as the bank.