Conventional fixed mortgage Loan servicing, payments, escrow account
Bayview Loan Servicing, LLC Mortgage department,
Conventional fixed mortgage Loan servicing, payments, escrow account California
My mortgage was sold by - - - to Bay View Loans. Shortly after, Bay View Loans reduced my loan payments. In - they - my mortgage payments saying my escrow account was low. I have owned my property since -. I have always had a fixed rate loan and incorporated my tax and insurance into my payments, for this very reason! I am not in a financial position to handle such a dramatic fluctuation in my expenses. They claim to have under estimated my hazard insurance by about $3500.00. However, I have been with - since - and my hazard insurance only increased by $29.00 this year! I am unable to pay this new amount and am in danger of losing my house! I believe my account was mishandled intentionally and I should not be held responsible for their mismanagement of my account.
Bayview Loan Servicing, LLC customer in California
Jun 23, 2015
* Source: CFPB Complaint Database
Bayview Loan Servicing, LLC response to complaint:
Closed with explanation
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