Selene Finance Mortgage Complaint

FHA mortgage Loan servicing, payments, escrow account

Selene Finance Mortgage department,

FHA mortgage Loan servicing, payments, escrow account Florida

For the past 14 months Selene Finance has not been accurately reporting payments they have received. We have been paying them on time every month, and they have been sending delinquency notices to each credit bureau. They also claim that we owe - dollars when in fact they are holding it in a suspense account and are not applying the funds the way they should. When we call them to rectify the situation, which are monthly calls, we are told it will be 30 days before we see the problem has been corrected. 30 days has come and gone 10 times.

Selene Finance customer in Florida
Oct 29, 2015

* Source: CFPB Complaint Database

Selene Finance response to complaint:
Closed with explanation

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