Conventional adjustable mortgage (ARM) Loan servicing, payments, escrow account
Bayview Loan Servicing, LLC Mortgage department,
Conventional adjustable mortgage (ARM) Loan servicing, payments, escrow account Florida
Bayview Loan Servicing charge extra interest including unsubstantiated fees to payoff loan when loan was re-financed to - -. The principal outstanding was : $300000.00, however interest of $2300.00 was added on although this interest only loan 's monthly payment was already made and some additional charge ( fee ) of $660.00 was added in. I received a check from Bayview for only $350.00 leaving $2700.00 to still be refunded. I contacted Bayview several times starting on -/-/2016 but have received no response. From the attached payoff letter sent from Bayview to -, you can see they have added in interest again on the loan ( $2300.00 which the calculation does n't even add up ) of which this interest was already paid ( The refinance closed on -/-/2016 ) You can also see that there is a $660.00 amount added on which violates the mortgage agreement as there is no condition that occurred that should have imposed such a fee.
Bayview Loan Servicing, LLC customer in Florida
Jun 03, 2016
* Source: CFPB Complaint Database
Bayview Loan Servicing, LLC response to complaint:
Closed with explanation
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