Mortgage -- Trouble during payment process -- Complaint #5518820

Complaint Overview

Complaint ID: 5518820

Company: Mr. Cooper Group INC.

Product: Mortgage

Sub-Product: Conventional home mortgage

Issue: Trouble during payment process

State: California

ZIP Code: 92833

Date Received: 2022-04-29T12:00:00-05:00

Date Sent to Company: 2022-04-29T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

This lady came on the XXXX " XXXX XXXX '' to appraise my house ( Please see her business card ), her aim was to submit it to my Mortgage company " Mr. Cooper '' and remove the PMI. My house value has increased substantially and I also did an addition to the house which was signed off on XX/XX/2021. I have asked Mr. Cooper multiple times to remove the PMI, still the PMI is there on my Mortgage statement. Its been 10 days since that appraiser came to my house, and still the PMI is not removed. When I have more than 20 % stake in my property, why am I being charged a PMI, I don't understand. I have made hundreds of calls and emails but to no avail.

Frequently Asked Questions

What is Complaint #5518820 about?

Complaint #5518820 was filed against Mr. Cooper Group INC. regarding Mortgage specifically about Trouble during payment process. It was received by the CFPB on 2022-04-29T12:00:00-05:00.

How did Mr. Cooper Group INC. 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 Mr. Cooper Group INC.?

Yes, visit the Mr. Cooper Group INC. company profile at readthecomplaint.com/company/mr-cooper-group-inc 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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