SunTrust Banks, Inc. Mortgage Complaint

Other mortgage Loan servicing, payments, escrow account

SunTrust Banks, Inc. Mortgage department,

Other mortgage Loan servicing, payments, escrow account Maryland

We have our loan for primary residence with Suntrust, which is responsible for making timely property tax payments from the escrow account. Since our property tax was adjusted higher, Suntrust made payment that was less than the required amount. As a result we were assessed penalty & interest by - county. Even after notifying Suntrust about the shortfall it took them 4 weeks to make the payment - and all along the bill was accruing interest. We make our tax payments into Suntrust escrow so we should not be held liable for any accrued interest and penalty.

SunTrust Banks, Inc. customer in Maryland
Dec 01, 2016

* Source: CFPB Complaint Database

SunTrust Banks, Inc. response to complaint:
Closed with explanation

Consumer disputes how SunTrust Banks, Inc. handled their complaint

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