If M&T is a participating bank, how is it that they are trying to withhold 75% of the check? They want to only give 25% and once shown proof that the 25% was spent, they will give another 25%. How does this help homeowners that owe more on repairs than what they are even getting in total from the insurance company and the bank wants to parcel it out like that? It is a disgrace! They also need to realize that contractors need money up front and they are putting everything at a standstill with this bs.
If M&T is a participating bank, how is it that they are trying to withhold 75% of the check? They want to only give 25% and once shown proof that the 25% was spent, they will give another 25%. How does this help homeowners that owe more on repairs than what they are even getting in total from the insurance company and the bank wants to parcel it out like that? It is a disgrace! They also need to realize that contractors need money up front and they are putting everything at a standstill with this bs.