Mortgage -- Closing on a mortgage -- Complaint #7648438

Complaint Overview

Complaint ID: 7648438

Company: Fifth Third Financial Corporation

Product: Mortgage

Sub-Product: Conventional home mortgage

Issue: Closing on a mortgage

Sub-Issue: Setting up an escrow account for taxes and insurance

State: Florida

ZIP Code: 337XX

Date Received: 2023-10-04T12:00:00-05:00

Date Sent to Company: 2023-10-04T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

This complaint is a rebuttal of my first complaint. XXXX I would like to obtain additional information regarding the escrow funds the bank is holding. I have repeatedly asked the bank multiple times for a complete accounting, statements, etc. regarding the funds being held in escrow and whether the funds are earning interest? If the funds are not earning interest, where and whom is holding the funds and if not interest is being earned, why not? To date, Fifth Third Bank refuses to disclose this information with my requests. XXXX is the contact at the bank XXXX See the letter from Fifth Third Bank on my initial complaint. The letter does not address my request for escrow funds accounting, statements, and interest earned. Thank you for your cooperation and assistance in helping me. XXXX XXXX XXXX

Frequently Asked Questions

What is Complaint #7648438 about?

Complaint #7648438 was filed against Fifth Third Financial Corporation regarding Mortgage specifically about Closing on a mortgage. It was received by the CFPB on 2023-10-04T12:00:00-05:00.

How did Fifth Third Financial Corporation 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 Fifth Third Financial Corporation?

Yes, visit the Fifth Third Financial Corporation company profile at readthecomplaint.com/company/fifth-third-financial-corporation 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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