Umpqua Holdings Corporation Mortgage Complaint

Conventional fixed mortgage Loan servicing, payments, escrow account

Umpqua Holdings Corporation Mortgage department,

Conventional fixed mortgage Loan servicing, payments, escrow account Washington

My home lone is With Umpqua bank Loan # -, and they ordered Home insurance even though I verified my coverage of insurace with - with Umpqua at least two times ( faxing them my insurance cover sheets. ) Yet they still ordered insurance on -/-/2016 in the amount of $3300.00 and raised my payment amoung to pay the insurace, so I was paying - insurance companies then I even called and spoke with an supervior with Umpqua on -/-/2016 and we did a -way call, with My - insurance representative, to verify insurance. and the representative from Umpqua said oh good fax/scann the insuracanve verification to us. which - did while on line with my bank ... Yet still they added banks insurance to my loan account. This has cost me a financial burden. So Im refinancing my loan, and they are stating I own them the $3300.00 more on thier payoff for the - insurance. Which means I have to bring the added amount to escrow to close my re-fi loan. I have made numerous calls to have them make a correction, but yet they have not done so. This is not right and has hurt me, causing my loan payment to be -/month more. Sincerely - - -

Umpqua Holdings Corporation customer in Washington
May 05, 2016

* Source: CFPB Complaint Database

Umpqua Holdings Corporation response to complaint:
Closed with explanation

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