Shellpoint Partners, LLC Mortgage Complaint

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

Shellpoint Partners, LLC Mortgage department,

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

- - - transferred the servicing of my mortgage loan to Shellpoint Mortgage Servicing, a division of New Penn Financial, LLC on - -, 2016. ( Exhibit A ) At that time, my mortgage was delinquent and - - - had approved a six month forbearance on - -, 2016. ( Exhibit B ) Per statement balance from - - - dated - -, 2016, my delinquent balance amount was $6400.00. ( Exhibit C ) On - -, 2016, I made a payment by check of $3400.00 to a - - - branch location in - -, Maryland. ( Exhibit D ) This should have taken my delinquent balance down to $3000.00. I received a mortgage statement from Shellpoint Mortgage with first payment due for - -, 2016 in the amount of $1300.00. ( Exhibit E ) I contacted Shellpoint Mortgage on - -, 2016 to notify them of a my payment that I made to - - -. I spoke with - - -, he informed me that my total past due amount is $6400.00. I told him I did n't understand why it is that much. He explained there is $2500.00 of fees and charges accrued over the


letter shows a balance of $7800.00. They state in the letter that $2500.00 are corporate advances. ( Exhibit H ) I have a statement dated - -, 2016 with a past due balance of $7800.00 ( Exhibit I ) and a statement dated - -, 2016 with a balance of $4300.00. ( Exhibit J ) I made a payment of $1300.00 on - -, 2016 ( Exhibit K - On - -, 2016, I called Shellpoint customer service and spoke with - - and - -, they stated my current balance due is $6400.00, delinquent for three payments. My monthly payment is $1300.00, which adds up to $3900.00. I do n't understand what is happening to my mortgage account. I fear that this transfer of mortgage servicing is going to cause me to lose my home due to errors in financial computing.

Shellpoint Partners, LLC customer in Maryland
May 18, 2016

* Source: CFPB Complaint Database

Shellpoint Partners, LLC response to complaint:
Closed with explanation

Consumer disputes how Shellpoint Partners, LLC handled their complaint

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