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 Illinois

I had set up my mortgage on auto-pay as I knew work and the holidays would be crazy. However, it slipped my mind. So when the -/-/- bill came in, I paid it online. There was no notation on the bill, or warning on the home or payment page that our loan was on auto-pay. This seems very irresponsible of a company to not warn customers a payment has already been made and a warning of overpaying, especially when it is a significant amount - it is misleading and an incorrect representation of the account. Our auto loan and credit cards companies provide the notifications, so how are they not held to the same standard?

Franklin American Mortgage Company customer in Illinois
Nov 28, 2015

* Source: CFPB Complaint Database

Franklin American Mortgage Company response to complaint:
Closed with explanation

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