PennyMac Loan Services, LLC Mortgage Complaint

Conventional fixed mortgage Loan servicing, payments, escrow account

PennyMac Loan Services, LLC Mortgage department,

Conventional fixed mortgage Loan servicing, payments, escrow account Maryland

I received my escrow statement from the mortgage company that acquired our new loan from the originator bank. The escrow statement had my escrow shortage at $840.00 and listed my county property taxes at $4200.00. This was going to increase our mortgage payment by $280.00 a month. I knew that the county taxes were incorrect. I contacted the mortgage company and told them it was incorrect on - -. They told me to contact the county and then it should n't be a issue. I did this and even printed out the current county tax bill which is only $2100.00. I then called the mortgage company back and told them. They advised to fax the bill in and they would tax care of everything. I advised I was trying to take of this matter prior to - - when the next bill would be due. I called back every few days and kept getting the run around that someone was working on it and that they did receive my tax bill. I continued to do this until around -/-/- when a rep advised that the case was closed and that they were n't going to do another escrow analysis until


years. So I requested to speak with a manager. A manager finally called me back late that evening. She acted like she understood me and that she was going to get everything fixed. I 've since spoken with her a few times and each time have to re-explain the issues. Today -/-/-, she called me back and thought that my complaint was that I had to pay the $2100.00 on top of the $4200.00. I again explained I was being charged double and wanted to get the payment corrected so that I could make my regular monthly payment amount. She again advised that she was trying to get the issue fixed and waiting on new people. I feel that they are n't understanding what is needed to be fixed and that this is just going to continue.

PennyMac Loan Services, LLC customer in Maryland
Feb 16, 2016

* Source: CFPB Complaint Database

PennyMac Loan Services, LLC response to complaint:
Closed with explanation

Created with Highcharts 4.2.3PennyMac Loan Services, LLCComplaint HistoryComplaints1/20124/20125/20129/201210/201212/20121/20132/20133/20134/20135/20136/20137/20138/20139/201310/201311/201312/20131/20142/20143/20144/20145/20146/20147/20148/20149/201410/201411/201412/20141/20152/20153/20154/20155/20156/20157/20158/20159/201510/201511/201512/20152/20163/20164/20165/201611/201612/201605101520Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3PennyMac Loan Services, LLCLoan servicing, payments, escrow account0.3%83.9%5.6%10.2%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageLoan servicing, payments, escrow account0.2%5.8%5.1%1.1%2.3%4.0%80.3%1.2%Untimely responseClosed with non-monetary reliefClosed without reliefClosed with reliefClosedClosed with monetary reliefClosed with explanationIn progressSource: Consumer Financial Protection Bureau

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