Round Point Mortgage Mortgage Complaint

Round Point Mortgage Mortgage department,

FHA mortgage Loan servicing, payments, escrow account California

I had my mortgage with Roundpoint Mortgage. I am refinancing with another Lender. My New Lender is in a constant battle with Roundpoint about the closing costs. Roundpoint continually charges their - based on old laws. My lender sites this " CFPB 's Ability to Repay and Qualified Mortgage Standards under TILA, servicers may only charge interest through the date the mortgage is paid. The change is effective for all FHA loans closed on or after - -, - ''. so as you can tell my loan is an FHA loan. My loan Funded on - -, -. The attachment called - is attached showing payoff balance.


Balance of $1000.00, So a total of $1800.00. After the close of loan. When I was on the phone with the Specialist from Roundpoint ( - ) He stated that if this $810.00 was not paid immediately to HIM after - -, -. Round point would charge me another month of -. Since It appeared to be a Robbery with my loan held hostage, I made the ACH payment while I was on the phone with -. I will now try to get my money back, via the CFPB ( $1800.00 ). The Final attachment are the details of my discussion with Roundpoint on this matter.