Wells Fargo & Company Mortgage Complaint

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

Wells Fargo & Company Mortgage department,

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

I received a letter from my mortgage provider, Wells Fargo stating that they incorrectly calculated my payment per our agreement terms. As a result, the monthly payment they billed was too low to pay off account by maturity date. They now want to increase my payment. The first letter was provided on -/-/-. Since then I have made multiple calls with no answer to why this happened and why their mistake is my issue now? I called the number they provided on -/-/-. I 've made multiples calls on -/-/-, -/-/-, -/-/- with additional calls on -/-/- and -/-/-. This is only the calls that I have recorded, with additional calls made with no response or answers. The letters I received, started on -/-/-, and there after in -/-/-, -/-/- and again on -/-/- all stating they are looking for answers. I feel that the mistake they made are now on me by increasing my payment and have not held themselves accountable.

Wells Fargo & Company customer in California
Sep 28, 2016

* Source: CFPB Complaint Database

Wells Fargo & Company response to complaint:
Closed with explanation

Get Help

Get personal financial help today. Free tools, resources, and support you need.

Help Me

File a complaint

Submit a complaint with the Consumer Financial Protection Bureau today

File Complaint

Stop Phone Calls

Stop the phone calls, learn how to stop harassing phone calls

Stop Calls

Loading similar complaints

{{x.COMPANY}} {{x.ISSUE}} {{X.SUB_ISSUE}}

{{x.COMPLAINT_WHAT_HAPPENED | preview}}...

Read more