Industry Verticals · FinTech & BankingsituationalFintechB2CBillingReal Estate

Mortgage Servicer Withholds $7,000 Escrow Refund for Months Despite Multiple Follow-Ups

Shellpoint failed to deliver a $7,000 escrow refund after multiple complaints, with no explanation for the delay or clear timeline for delivery. No regulatory mechanism enforces a deadline for mortgage servicers to return escrow surpluses to borrowers. Customers must escalate to CFPB to force basic refund compliance.

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4.85

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