Franklin American Mortgage Company Mortgage Complaint

Conventional fixed mortgage Loan servicing, payments, escrow account

Franklin American Mortgage Company Mortgage department,

Conventional fixed mortgage Loan servicing, payments, escrow account Vermont

My mortgage loan, serviced by Franklin American Mortgage Company was SOLD to another mortgage company WITHOUT ANY NOTIFICATION to me. They sent me my bill due on - -, 2015, and I sent in a check at the end of - as usual. On - - ( today ) I got a bill from another mortgage company, - - just a bill with no notification of mortgage sale. That bill is now late. I got absolutely nothing from Franklin, and nothing from -, until today, - -. I called Franklin to complain, they said - letters were sent out on - -, - and -. I DID NOT receive ANY of these letters and the customer service person suggested I check if there was a problem with my mail? That sounds fishy to me. I receive all my mail, I open it all, and ESPECIALLY if mortgage-related because I 'm aware that a sale can happen at any time. Franklin needs to take responsibility for their failure to notify. This is unacceptable.

Franklin American Mortgage Company customer in Vermont
Jul 07, 2015

* Source: CFPB Complaint Database

Franklin American Mortgage Company response to complaint:
Closed with explanation

Consumer disputes how Franklin American Mortgage Company handled their complaint

Created with Highcharts 4.2.3Franklin American Mortgage CompanyComplaint HistoryComplaints3/20125/20129/201210/201211/20122/20133/20134/20135/20136/20137/20138/201310/201311/201312/20131/20142/20143/20144/20146/20147/20149/201410/201411/201412/20141/20152/20153/20154/20155/20156/20157/20158/20159/201510/201511/201512/20153/20164/20165/20160123456Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3Franklin American Mortgage CompanyLoan servicing, payments, escrow account4.0%84.0%4.0%5.3%2.7%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed without reliefSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageLoan servicing, payments, escrow account0.2%5.8%5.1%1.1%2.3%4.0%80.3%1.2%Untimely responseClosed with non-monetary reliefClosed without reliefClosed with reliefClosedClosed with monetary reliefClosed with explanationIn progressSource: Consumer Financial Protection Bureau

Get Help

Get personal financial help today. Free tools, resources, and support you need.

Help Me

File a complaint

Submit a complaint with the Consumer Financial Protection Bureau today

File Complaint

Stop Phone Calls

Stop the phone calls, learn how to stop harassing phone calls

Stop Calls

Loading similar complaints