Mortgage -- Trouble during payment process -- Complaint #10288418

Complaint Overview

Complaint ID: 10288418

Company: Shellpoint Partners, LLC

Product: Mortgage

Sub-Product: Conventional home mortgage

Issue: Trouble during payment process

Sub-Issue: Private mortgage insurance (PMI)

State: Hawaii

ZIP Code: 967XX

Date Received: 2024-09-27T12:00:00-05:00

Date Sent to Company: 2024-09-27T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

PMI Removal. I worked directly though my lender ( NewRez ) and paid their appraiser for a broker price opinion ( BPO ) on XX/XX/year>. The appraisal was performed on XX/XX/year>. XXXX says LTV is at 76 % meeting the required guidelines. Lender refuses to drop the PMI. Requests to Cancel PMI have been filed on XX/XX/year>, XX/XX/year>, XX/XX/year> and XX/XX/year>. Lender agrees with XXXX passement and LTV but NO one I can reach has the ability to fix this and remove the PMI. I have been following up with the Lender and keep getting the run around with no accountability or means for follow-up. Please help

Frequently Asked Questions

What is Complaint #10288418 about?

Complaint #10288418 was filed against Shellpoint Partners, LLC regarding Mortgage specifically about Trouble during payment process. It was received by the CFPB on 2024-09-27T12:00:00-05:00.

How did Shellpoint Partners, LLC respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Mortgage) and describe your issue in detail.

Can I see other complaints against Shellpoint Partners, LLC?

Yes, visit the Shellpoint Partners, LLC company profile at readthecomplaint.com/company/shellpoint-partners-llc to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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