Dovenmuehle Mortgage Inc. Mortgage Complaint

Conventional fixed mortgage Loan servicing, payments, escrow account

Dovenmuehle Mortgage Inc. Mortgage department,

Conventional fixed mortgage Loan servicing, payments, escrow account California

On -/-/2016 Insurance loss check was sent to DovenMuehle Insurance for endorsement to pay for insured repairs to property. The check was in the amount of $15000.00. Two months later, - -, 2016 the check was returned to me for my signature at which time DovenMuehle cashed the check. On - -, 2016 ( three months later ) I received a check for $5200.00. The only correspondence I have rec 'd from DovenMuehle was the check and a blank lien waiver. Apparently, I was supposed to front all of the monies for repairs. - -, 2016, I returned the completed contractor lien waiver, via priority mail with a request to release the remaining funds. No correspondence from DovenMuehle. On - -, I called and after 30 minutes talked to the Loss Draft department who informed me that they needed an inspection before they could release the funds and that could not be completed for a minimum of 10 days. I was also told that this process had been outlined in their correspondence to me. I have never rec 'd anything from them regarding this claim. Please note that the insurance check was not the final - it was in fact the funds necessary to complete the work. DovenMuehle has been retaining those funds for almost 5 months with no resolution. Can you please investigate?

Dovenmuehle Mortgage Inc. customer in California
Nov 29, 2016

* Source: CFPB Complaint Database

Dovenmuehle Mortgage Inc. response to complaint:
Closed with explanation

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