I would need to obtain and pay for a complete formal appraisal which would run ballpark of {$500.00}. They can not explain why I was given false information

What the CFPB Record Shows About I would need to obtain and pay for a complete formal appraisal which would run ballpark of {$500.00}. They can not explain why I was given false information

I would need to obtain and pay for a complete formal appraisal which would run ballpark of {$500.00}. They can not explain why I was given false information has accumulated 1 consumer complaint in the CFPB public database, with filings active across 1 U.S. state. Of those submissions, 1 includes a consumer narrative — the verbatim description of the reported problem that the CFPB collects alongside each filing. The earliest complaint on file dates back to Rega, and the most recent logged activity is Regardless, giving this record a multi-year window of observable consumer sentiment.

Looking at response behavior, I would need to obtain and pay for a complete formal appraisal which would run ballpark of {$500.00}. They can not explain why I was given false information reports a 0% timely-response rate and has closed 0% of cases with a written explanation to the consumer. 0% of complaints were closed with monetary or non-monetary relief — an outcome signal that tracks how often consumers walked away with some form of remediation. A further 0% of responses were formally disputed by the consumer after the company replied, a useful marker of resolution quality independent of sheer volume. The most-reported product category for this record is "my home originally appraised for {$780000.00} in XX/XX/XXXX as part of the original purchase. ( I understand this appraisal is no longer valid- please understand the purpose in preliminary calculations. ) My current loan value is approximately {$630000.00} - for a ballpark loan-to-value ratio of 81.79 %. I have spent roughly {$60000.00} in improvements since I purchased the home. In my opinion and preliminary calculations", and the single most common underlying issue is "I shouldnt need to complete any appraisals but that they will check into it and call me back. No one called me back. I followed up two weeks later and this time I was told that the original agent did not outline the improvements in specific-enough terminology. I reviewed the amounts/dates again with the new agent and was told they would submit and get back to me. No one calls me back. It is now XX/XX/XXXX when I contact Mr. Cooper again. This time a new agent apologizes for the false information I was previously given. I spend over an hour on the phone with her".

Complaint volume is heavily influenced by company size, customer base, and market footprint — larger financial institutions routinely carry more filings purely because they serve more consumers. A complaint is a consumer-reported allegation, not proven wrongdoing, and a timely or relief-flagged closure does not by itself confirm fault. Use this page as one input among many when evaluating I would need to obtain and pay for a complete formal appraisal which would run ballpark of {$500.00}. They can not explain why I was given false information: cross-check against the CFPB Consumer Complaint Database directly, review your own contract terms, and consult a licensed professional for financial, legal, or regulatory advice. This page is informational only.