Wells Fargo & Company Complaint: Loan servicing, payments, escrow account

#1801027 23 Feb 2016

Mortgage Conventional fixed mortgage

Complaint #1801027 submitted on 02/23/2016 relating to Wells Fargo & Company. Complaint relates to Mortgage Conventional fixed mortgage - Loan servicing, payments, escrow account .

Complaint was submitted via Web and sent to the company on Tuesday 23rd February 2016.

Narrative (may be redacted).

Wells Fargo Home Mortgage claims a {$17.00} late fee for XXXX 2015 was never paid. I paid that fee plus {$0.00} in additional escrow as I specified on my mortgage stub. Bank then added them together and put {$17.00} in " Unapplied Funds '' claiming XXXX late fee was never paid. They use this tactic repeatedly to make it appear borrowers are in arrears falling 3 months behind in late fees so they can accelerate mortgage payment and/or begin foreclosure against borrowers.

Company Wells Fargo & Company
Complaint ID 1801027
Date Received 02/23/2016
Product Mortgage Conventional fixed mortgage
Issue Loan servicing, payments, escrow account
State/ZIP Code FL 342XX
Consumer Consent Consent provided
Company Public Response Company has responded to the consumer and the CFPB and chooses not to provide a public response
Company Response To Customer Closed with explanation
Submitted Web 02/23/2016
Result Timely Response: Yes, Consumer Disputed: No
 

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