MidFirst Bank Mortgage Complaint

FHA mortgage Settlement process and costs

MidFirst Bank Mortgage department,

FHA mortgage Settlement process and costs Louisiana

I recently was a victim of severe flooding in Louisiana. My home was damaged, and I was fortunate enough to have flood insurance. I received my insurance check made out to me and my mortgage company, Midland Mortgage. I sent the check to Midland on -/-/-. I have began repairs to my home with my savings. On -/-/-, Midland sent an inspector to check the status of my repairs. Their inspector said my home is - % repaired. I have yet to receive a penny of my insurance money from Midland. All they say is that it is being processed. I am currently at - % complete with the repairs, but have ran out of money to finish the last 3 %. I have made it clear to them that this is my money, I have paid the premiums, I have done the repairs and it is illegal for them to earn interest on Federal flood insurance money.

MidFirst Bank customer in Louisiana
Dec 06, 2016

* Source: CFPB Complaint Database

MidFirst Bank response to complaint:
Closed with explanation

Created with Highcharts 4.2.3MidFirst BankComplaint HistoryComplaints4/20169/201612/201600.511.522.5Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3MidFirst BankSettlement process and costs100.0%Closed with explanationSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageSettlement process and costs2.8%76.1%6.4%6.3%1.1%5.3%1.5%0.4%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed with reliefClosed without reliefIn progressUntimely responseSource: Consumer Financial Protection Bureau

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