gpetrino
01-31-2010, 01:46 PM
I had my loan modified by my mortgage lender. They split the loan in half with one half being used as a primary first and the second half in a silent second. The negotiator with the lender told me they were doing this to eliminate pmi to reduce my payments. Now, 10 months later, they have added pmi back on and are charging me for back payments. Is this legal? They told me that since a new loan number was not created for the second loan, it is still used in calculating pmi. Thanks in advance