Fay Servicing, LLC Mortgage Complaint

Conventional adjustable mortgage (ARM) Loan servicing, payments, escrow account

Fay Servicing, LLC Mortgage department,

Conventional adjustable mortgage (ARM) Loan servicing, payments, escrow account Alabama

-/-/-, - sent my loan modified mortgage to Fay Servicing LLC. The assigned account manager, - -, advised - -, that I not send my arranged monthly payments to Fay ( based on - 's calculations ) because Fay had not received all my paperwork. - - was late at sending out new paperwork for me to apply for the same loan modification with Fay. I received Fay 's paperwork -/-/-/-/-/-. I re-applied with Fay and was denied due to the paperwork not being received in a timely manner. An appeal was requested. I was assigned a new account manager in - -. All paperwork required was submitted in a timely manner. I have now received a foreclosure notice scheduled for -/-/- because Fay has not approved the loan modification, even though the loan was modified when they received it and payments were being made.

Fay Servicing, LLC customer in Alabama
May 02, 2016

* Source: CFPB Complaint Database

Fay Servicing, LLC response to complaint:
Closed with explanation

Created with Highcharts 4.2.3Fay Servicing, LLCComplaint HistoryComplaints2/20134/20136/20137/20138/201311/201312/20131/20142/20143/20145/20146/20147/20148/201410/201411/201412/20141/20152/20153/20154/20155/20156/20157/20158/20159/201510/201511/201512/20152/20163/20164/20165/201602468Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3Fay Servicing, LLCLoan servicing, payments, escrow account97.9%2.1%Closed with explanationClosed with 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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