Shellpoint Partners, LLC Mortgage Complaint

FHA mortgage Loan servicing, payments, escrow account

Shellpoint Partners, LLC Mortgage department,

FHA mortgage Loan servicing, payments, escrow account Maryland

We went to refinance with another company due to the - - at the time increasing my monthly payment close to $400.00 - per them they under estimated my escrow. Not really sure how that could have happened when virtually nothing had changed over the year. The property taxes may have increased $150.00 over all, but that in not way constituted that high of an increase. Went to closing, I was told that the payoff balance included the -/-/- payment. I had made the payment, then once I found out the payoff included that amount, the -/-/- payment was reversed. A week later the - rejected the wire transfer as they are now stating funds were short. Thus the -/-/- payment, they had advised not to pay, since it was included in the payoff amount. The attorney went over all the numbers & confirmed to me that the payoff amount wired to them indeed included that -/-/- payment. They now have left me threating phone calls & sending me - to Foreclose on my home. I have Never missed a payment with this company. We spoke to a gentleman with the said company & he advised that they would accept the wire next time it was sent through. I has bounced back yet again. - they had also advised I had money in escrow in - phone call & then in the next call advised I had a negative balance - not sure how that can happen. I just want this matter closed out & finalized - I am already ready to move on with my new - & making payments to them. Thank you for your time & assistance in this matter.

Shellpoint Partners, LLC customer in Maryland
Nov 16, 2016

* Source: CFPB Complaint Database

Shellpoint Partners, LLC response to complaint:
Closed with explanation

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