Shellpoint Partners, LLC Mortgage Complaint

Conventional adjustable mortgage (ARM) Loan servicing, payments, escrow account

Shellpoint Partners, LLC Mortgage department,

Conventional adjustable mortgage (ARM) Loan servicing, payments, escrow account Florida

My new mortgage was sold to Shellpoint Mortgage Servicing on - -, 2016. The effective date of the transition of my payments from the prior, temporary mortgage company to Shellpoint was - -, 2016. On - -, 2016 I received a welcome letter from Shellpoint, indicating they were the my new mortgage servicing company and that I should make my monthly mortgage payments to them beginning - -. Included in the letter was my loan number and payment information. I proceeded to schedule an electronic payment through my bank to be delivered at Shellpoint on Monday, - -, 2016. The payment was received at Shellpoint on Monday, - -. On Tuesday, - -, I tried to log in to their website for the first time to view my account and make sure my - payment posted. I could not register online because, according to the error message, my information did not match their records. I called Shellpoint on - - and after they confirmed my identity, they gave me a loan number which was very different from the loan


payment. Of course it did not post to my account because I scheduled the payment to an inactive loan number. On - -, Shellpoint sent me an identical welcome letter to the one they sent me on - -. The only difference was the loan number. The loan number on the - - letter was the correct loan number - the same number they gave me over the phone and the one I was able to use to log into my account online. This letter was obviously useless to me, since I had already made my first payment on - -. And how stupid of them to send me a welcome letter on - -, five days after my first payment was due. Even more absurd is the letter they sent me on - - which included a payment coupon, with a payment due date of - -. Are these people really in the mortgage business? Is this a real company? I did an online search and apparently they are, but I 'm not convinced. I made numerous calls to Shellpoint after - - asking them to fix my account. Finally on Wednesday, - -, the representative spoke with a team leader. The outcome of that call was that they asked for proof of payment so they could locate my payment and post it to my account. I emailed the representative proof of payment from my bank. She told me they would correct the situation in - to - hours. I felt like I was finally making some progress. I waited until noon on Monday, - - ( 72 business hours after I gave them proof of payment ) and they had not corrected the problem. Today is Tuesday, - - and still my account is overdue. I need to mention that beginning on Tuesday, - -, Shellpoint has called my home every single day asking for payment. They call day and night, including Saturday and Sunday. They call these " courtesy calls, '' but in effect they are harassment. I owe them nothing, but because of their inability to manage mortgage accounts, I continue to be harassed and my account is still " overdue. ''

Shellpoint Partners, LLC customer in Florida
May 25, 2016

* Source: CFPB Complaint Database

Shellpoint Partners, LLC response to complaint:
Closed with explanation

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