Umpqua Holdings Corporation Mortgage Complaint

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

Umpqua Holdings Corporation Mortgage department,

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

I live in -, Oregon where property values/home prices have been climbing for the past few years. I bought my home just a little over two years ago. I have made on time complete payments on my mortgage. I asked that my PMI be removed. First my bank claimed that my home was worth - less than I could probably make if I sold it/and - less than the county assessed it for tax purposes and I disputed that. Now they are claiming I need to have have - % equity - even with the low value they placed on my home, I currently have - % equity.

Umpqua Holdings Corporation customer in Oregon
Nov 05, 2016

* Source: CFPB Complaint Database

Umpqua Holdings Corporation response to complaint:
Closed with explanation

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