U.S. Bancorp Mortgage Complaint

Conventional fixed mortgage Loan servicing, payments, escrow account

U.S. Bancorp Mortgage department,

Conventional fixed mortgage Loan servicing, payments, escrow account Minnesota

I purchased a home on - -, 2016. I prepaid $1100.00 in interest for the month of - to the originator ( Bank - ) as part of closing ( found on the -. ) The mortgage was then sold to another bank ( Bank - ) on - -, 2016. Bank - only reported ( on the - ) the interest paid between - - and - -, 2016. Bank - only reported interest paid between - - and - -, 2016. This left an unreported sum in the amount of the difference between the prepaid amount and the reported amount from Bank - - which has an impact on my taxes. Bank - stated that they are n't responsible for any prepaid interest made prior to their purchase. Bank - stated that they only report the interest paid/applied while they owned the loan. Both are adamant that what they reported is accurate. If that money did n't go towards interest, where did it go and why is the consumer ( me, and I imagine many others ) getting - out of the reported interest paid on the loan due to a mortgage transfer?

U.S. Bancorp customer in Minnesota
Feb 08, 2017

* Source: CFPB Complaint Database

U.S. Bancorp response to complaint:
Closed with explanation

Created with Highcharts 4.2.3U.S. BancorpComplaint HistoryComplaints12/20112/20124/20126/20128/201210/201212/20122/20134/20136/20138/201310/201312/20132/20144/20146/20148/201410/201412/20142/20154/20156/20158/201510/201512/20152/20164/20166/20168/201610/201612/20162/20174/201701020304050Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3U.S. BancorpLoan servicing, payments, escrow account0.3%69.0%12.0%11.6%1.7%5.3%0.2%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed with reliefClosed without reliefIn progressSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageLoan servicing, payments, escrow account0.2%5.8%5.1%1.1%2.3%4.0%80.3%1.2%Untimely responseClosed with non-monetary reliefClosed without reliefClosed with reliefClosedClosed with monetary reliefClosed with explanationIn progressSource: Consumer Financial Protection Bureau

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Contact U.S. Bancorp

http://www.usbank.com/
(800) 872-2657
andrew.cecere@usbank.com
800 Nicollet Mall Ste 200
Minneapolis MN 55402
U.S. Bancorp
U.S. Bancorp

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