Round Point Mortgage Mortgage Complaint

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

Round Point Mortgage Mortgage department,

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

Roundpoint Loan Number - I suffered hail damage on my home in mid-/-/- 2016. Submitted a claim to - my home insurance company during the first week of - 2016. - issued payments for the same during the last week of - 2016. Around - -, 2016 we fedexed to Roundpoint the - checks and other paperwork as requested by Roundpoint for a disbursement from them to us. Since - -, Roundpoint has not contacted us even once regards disbursal of insurance proceeds. We have spent more than 5 hours on the phone with various Roundpoint reps and have got a variety of excuses but till date we do not have from Roundpoint any funds. We 've signed a contract with a roofing company and can not get our roof repaired due to Roundpoint not sending us our insurance proceeds. Initially Roundpoint pointed out a $700.00 discrepancy in the paperwork which we addressed. The discrepancy is now down to $63.00 and Roundpoint still refuses to issue payment to us.

Round Point Mortgage customer in Texas
Sep 20, 2016

* Source: CFPB Complaint Database

Round Point Mortgage response to complaint:
Closed with explanation

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