Review and analysis of over 2 complaints against Prosperity Bancshares, Inc
Prosperity Bancshares, Inc consumers have reported over 2 official complaints related to Loan servicing, payments, escrow account. Out of the 2 consumer complaints against Prosperity Bancshares, Inc, 0% were disputed by the consumer (i.e. the consumer was not happy with how Prosperity Bancshares, Inc responded to their complaint) and 100% were processed in a timely manner. 0% of consumer complaints against Prosperity Bancshares, Inc resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 0% resulted in non-monetary compensation.
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Prosperity Bancshares, Inc Mortgage loan servicing, payments, escrow account November 11, 2015 - Old name -, new name PROSPERITY BANK ( -, Texas branch ) used its business relationship with - - to abuse its mortgage lender status and increase - - 's flood insurance revenue via by using enabling mortgage origination documents. The Prosperity Bank mortgage origination documents are worded to allow the subsequent mortgage purchaser ( - - ) to require additional flood insurance over and above the loan amount even though any money above the loan from that insurance would accrue to the mortgage borrower, not - -. It appears the main purpose of that process to be to... |