Regions Mortgage Complaint

Home equity loan or line of credit Loan servicing, payments, escrow account

Regions Mortgage department,

Home equity loan or line of credit Loan servicing, payments, escrow account Florida

In - our bank sent us a letter requiring us to prove we have flood insurance ( due to a Heloc acct. ) .Because of misinformation received from - -, a third party vendor, that evaluates FEMA maps, the bank has charged us for insurance. We sent the required info to show we are not in a flood zone. This was verified in writing by a certified letter by - - and our insurance company.All this was FA-ed to the bank per their request. Thru many phone calls, e-mail and faxes from us and our insurance agent, we are unable to get anyone to clear this up. Every time we contact them we are told they need some new form /document ( up to - now ) in order to remove the charges. We have been to the bank several times and are told there is nothing they can do because it is the loan dept ( not the bank ) which is located in another state. The loan was opened in our state at our branch office!

Regions customer in Florida
Jun 16, 2015

* Source: CFPB Complaint Database

Regions response to complaint:
Closed with monetary relief

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