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Report: #1161649

Complaint Review: Suntrust Mortgage - Nationwide

  • Submitted:
  • Updated:
  • Reported By: Lisa — Des Moines Iowa
  • Author Not Confirmed What's this?
  • Why?
  • Suntrust Mortgage Nationwide USA

Suntrust Mortgage steals my escrow I paid off my mortgage and after payoff Suntrust kept another pmi payment Nationwide

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Suntrust Mortgage has been difficult to deal with. I did not choose them to service my mortgage but it was sold to them before I even closed. I recently refinanced so I would not have to deal with them any longer. The payoff was funded in May and in June they collected an additional PMI payment. When I questioned this, they told me PMI was paid in arrears meaning I am paying for the previous month. When I looked through my documentation, it shows that I paid the first month at closing and my statement reflects payments for the statement month not the previous month. It looks like they will get away with it. I filed a complaint with the Consumer Financial Protection Service but that seems like a joke. It seems more like a place to have a conversation with the lender and that they don't really do anything about my complaint. I wondered if this happened to anyone else. Pay attention to your loan and payments if you have Suntrust.

This report was posted on Ripoff Report on 07/13/2014 06:32 AM and is a permanent record located here: https://www.ripoffreport.com/reports/suntrust-mortgage/nationwide/suntrust-mortgage-steals-my-escrow-i-paid-off-my-mortgage-and-after-payoff-suntrust-kept-1161649. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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