Flagstar Bank Mortgage department,
Conventional fixed mortgage Credit decision / Underwriting California
I made a claim to my insurance company for water damage to my home. They reimbursed me for water restoration and repairs. Checks were made out to me and my mortgage company. I contacted my mortgage company to see how I go about cashing the checks. I was told to endorse the checks, complete numerous forms and mail all of it to them ... which I did promptly. A few days later I called to make sure they received everything. They said they had n't gotten it yet. Next time I called they said they got the checks but not the forms ( IMPOSSIBLE since they were all mailed together ). On future phone calls I was told the following : 1 ) they did find the forms, 2 ) that I now needed a - form from the water restoration company ( why was n't this form requested along with the first ones?? ), 3 ) that they did n't receive the requested - form..so I sent it again, 4 ) now they did have the -, 5 ) that they could n't refund my money because the corporate office had put a stop on my loan, 6 ) that the stop was put on in error and they would remove it. Last call was made two days after they said they would ask the corporate office to remove the stop. I was told they would call me when it was removed and they would process my check at that time ; that was 2 days ago.
Flagstar Bank customer in California
Dec 11, 2015
* Source: CFPB Complaint Database
Flagstar Bank response to complaint:
In progress
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