Shellpoint Partners, LLC Mortgage Complaint

Conventional fixed mortgage Loan servicing, payments, escrow account

Shellpoint Partners, LLC Mortgage department,

Conventional fixed mortgage Loan servicing, payments, escrow account California

My mortgage servicing was transferred to Shellpoint Mortgage Servicing on - -, 2016. My loan balance on - -, 2016, prior to the service transfer, was $290000.00. After the transfer, Shellpoint recorded my loan 's balance as $720000.00, missing $420000.00 in transactions that posted in -, prior to the transfer. Working with them to resolve the incorrect opening balance took many phone calls and emails. The missing transactions were finally applied to my account on - -, 2016. However, Shellpoint recorded the missing transactions as having occurred on - -, 2016, resulting in accruing interest against $720000.00 for the 16 days, about $1000.00 more than should have been. I have made many attempts by email and by phone to resolve this issue. My emails have remained unanswered, and my phone calls resulted in a relayed message from a loan officer stating that the interest calculation is correct. I left a message with loan officer to return my call and followed up with another email. They are refusing to correct the dates of the transactions that occurred prior to - -, 2016.

Shellpoint Partners, LLC customer in California
Dec 05, 2016

* Source: CFPB Complaint Database

Shellpoint Partners, LLC response to complaint:
Closed with explanation

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