City National Bank Mortgage Complaint

Other mortgage Loan servicing, payments, escrow account

City National Bank Mortgage department,

Other mortgage Loan servicing, payments, escrow account California

I am filing a complaint about City National Bank. I currently have a mortgage loan with City National Bank. They have been reporting an incorrect loan balance which shows I owe more than I ever even borrowed from them on mine and my husband 's credit report for the last 8 months. It is causing my credit score to plummet and it 's hurting my opportunity to refinance my loan. I believe City National Bank wants me to refinance this loan so they can get it out of their bank because the interest rate is so low. They constantly call and email me to find out when I am going to refinance my home. Then when my new potential lender goes to pull credit City National Bank repeatedly puts the wrong balance on my report. I have asked them to correct this back in -/-/- which they did one time and said it was glitch in their system. The amount was corrected in -/-/2016 and my score improved so I could continue with my refinance. Then 2 months later the balance is incorrect again. I email my contact at the bank to correct it and I received no response. I am attaching the letter for the first time they corrected it.

City National Bank customer in California
Feb 19, 2017

* Source: CFPB Complaint Database

City National Bank response to complaint:
Closed with explanation

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