Customer Experience · Service & Billing DisputessituationalShellpointNewrezLate FeeMortgage PaymentW9

Mortgage servicers charge late fees when their own incorrect documentation causes payment misrouting

NewRez/Shellpoint charged a late fee after an assistance payment was sent to the wrong address listed on the servicer's own W-9 form. Consumers who follow the servicer's documented process have no protection from fees caused by the servicer's documentation errors.

5mentions
1sources
5.15

Signal

Visibility

5

Leverage

Impact

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