Mortgage -- Trouble during payment process -- Complaint #6336367

Complaint Overview

Complaint ID: 6336367

Company: Mr. Cooper Group INC.

Product: Mortgage

Sub-Product: Conventional home mortgage

Issue: Trouble during payment process

State: South Carolina

ZIP Code: 294XX

Date Received: 2022-12-18T12:00:00-05:00

Date Sent to Company: 2022-12-18T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

Mr. Cooper failed to pay my insurance premium through escrow which caused my policy to be canceled in XX/XX/2022. This caused my insurance company to issue a new policy which is substantially higher than my previous policy. Mr. Cooper refuses to cover the difference although they admit to their mistake. Additionally, Mr. Cooper increased my mortgage payment nearly {$200.00}. I am also pursuing legal counsel with this issue.

Frequently Asked Questions

What is Complaint #6336367 about?

Complaint #6336367 was filed against Mr. Cooper Group INC. regarding Mortgage specifically about Trouble during payment process. It was received by the CFPB on 2022-12-18T12:00:00-05:00.

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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