After a tree fell on my house in February, Allstate resolved the claim quickly and courteously. However, PennyMac has seen fit to withhold the insurance money despite receiving requested documents and a 95% completion inspection report. Tomorrow we enter May, and PennyMac refuses to say when they will release the funds. Researching on the internet, I've found numerous allegations of loss draft fraud committed by PennyMac, specifically that they deliberately hold the policyholder's money as long as possible, in order to earn the most interest... Read more ›
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