Loan Care Mortgage Complaint

FHA mortgage Loan servicing, payments, escrow account

Loan Care Mortgage department,

FHA mortgage Loan servicing, payments, escrow account Oregon

My mortgage was sold last year to - - and is processed via Loancare. As of -/-/- we qualified to have our mortgage insurance, which is about $200.00 a month, dropped off our mortgage payment. Loancare told me how to request that this insurance be dropped. I followed their instructions and had no response. I tried again and had no response. I have spent hours on the phone trying to work this out. Sometime their people do n't know what I am talking about other time they can see that I have sent in the request and that no one has done anything about it. I have since looked up this problem and it seems like lots of people are having issues with their mortgage via Loancare in the last month or so. I feel like they might be scamming people out of lots of money.

Loan Care customer in Oregon
Feb 12, 2017

* Source: CFPB Complaint Database

Loan Care response to complaint:
Closed with explanation

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