Arbor Residential Mortgage LLC Mortgage Complaint

Conventional fixed mortgage Loan servicing, payments, escrow account

Arbor Residential Mortgage LLC Mortgage department,

Conventional fixed mortgage Loan servicing, payments, escrow account North Carolina

We had our mortgage thru - - - and was paying $1900.00 on -/-/- our new statement went to $1600.00. In -/-/- our mortgage was sold to Seneca Mortgage Servicing and payment remained the same $1600.00 until -/-/- we received a letter from Seneca Mortgage Servicing stating as of -/-/- or payment was going to increase to $2200.00, unless we paid a shortage of $4000.00 plus add PMI back on which would still have our payment go back up to $1900.00. We had no clue what was going on so we called Seneca Mortgage & they said there was a shortage on our escrow which they paid when they took over loan in -/-/-, so we then called - - - and they acted as if they had no clue as to why, then after several attempts to talk with someone concerning our loan they said there was a computer error back in - that dropped our PMI and lowered our mortgage payment so for a year we paid what was in our statement each month from - - and also Seneca. In -/-/- we paid Seneca the $4000.00 plus took our mortgage payment from $1600.00 to $1900.00. We was told by both mortgage companies there was nothing we could do nor was either willing to work with us on a problem on there behalf. Is there anything that can be done about this?

Arbor Residential Mortgage LLC customer in North Carolina
Jul 06, 2015

* Source: CFPB Complaint Database

Arbor Residential Mortgage LLC response to complaint:
Closed with explanation

Consumer disputes how Arbor Residential Mortgage LLC handled their complaint

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