Mortgage -- Trouble during payment process -- Complaint #6707831

Complaint Overview

Complaint ID: 6707831

Company: Cadence Bank

Product: Mortgage

Sub-Product: FHA mortgage

Issue: Trouble during payment process

State: Mississippi

ZIP Code: 39056

Date Received: 2023-03-16T12:00:00-05:00

Date Sent to Company: 2023-03-16T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I got into XXXX XXXX last year and missed a a couple of payments on my mortgage. I talked to a rep with a plan in catching up my payments while also seeking out mortgage help through XXXX XXXX. During the process of applying through XXXX XXXX, I was still making payments on my mortgage with the intent of catching up by paying more than the monthly payment. The last payment that was accepted was on XX/XX/2023 and I've sent 2 more payments since then to attempt to honor my obligation. I was sent a letter stated that per my mortgage loan that my payments are being sent back. I emailed the debt collector from the bank and asked where in my paperwork was that stated. She refused to tell me or respond through email. I want to communicate through email for XXXX XXXX purposes on my end. In my contract with them, there is no such wording from what I read that gives them the right to deny my payments. I asked a legitimate question and they failed to respond with an answer.

Frequently Asked Questions

What is Complaint #6707831 about?

Complaint #6707831 was filed against Cadence Bank regarding Mortgage specifically about Trouble during payment process. It was received by the CFPB on 2023-03-16T12:00:00-05:00.

How did Cadence Bank 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 Cadence Bank?

Yes, visit the Cadence Bank company profile at readthecomplaint.com/company/cadence-bank 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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