50 customer reviews of mrcooper.com
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Mr. Cooper Rating
Based on 50 reviews from Mr. Cooper customers, company has accumulated an average rating of 1 stars, indicating that majority of customers are not satisfied with its service.
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Description: Whether you are considering buying your first home or ready to refinance your 12th, Mr. Cooper is here to guide you through the process. Let's get you home.
Address: 8950 Cypress Waters Boulevard, 75019
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After 2 months and countless emails and information scanned or requested from my accountant and sent to them and everything satisfied and my continually asking if there was anything else that they might need so I could send it to them promptly and satisfy the request... they call me on the phone and tell me just 2 days before the rate-lock expires, they cannot provide the loan because they cannot verify my foreign debts.
I have no foreign debts! If I had foreign debts, I would have revealed them in my numerous tax documents and income statements and investment income and tax returns.
These people are SCUM of the earth, and have no scruples, and will do anything to fleece you of your money and not help you despite saying they are "Here for you, willing to provide you with everything you need for your home finance",
Do NOT Believe anything anyone at MR Cooper says, Especially Shawn -Lying through his teeth -- Kent,
There is nothing Mr Cooper can do that another mortgage company cannot do better.
If you have the choice, DO NOT do business with these scoundrels, they will lie, cheat, and steal, your money and laugh all the way to the bank.
I lost my job in May due to Covid restrictions. The company will not be reopening. Back in early October 2020, I decided to pay off my house. I had received a severance pay from my company and I wanted to pay off the house so I didn't have to worry about getting a job during covid. I contacted Mr. Cooper/Nationstar Mortgage (MCNM) to get a payoff figure. I knew it was in the area of $7000. I told them that when my payment was due on November 1st, just take whatever was owed out of my account to pay off the mortgage. I had automatic payments. MCNM refused to do that. Mr. Cooper HAD to send me a payoff quote and charge me $20 for it. Included with this payoff quote was directions on who to send the money to either via Cashier's check or wire transfer. I wanted to use a wire transfer so it would be quicker and safer (so I thought) than putting a check in the mail. I went to my bank on Oct. 13 and had a wire transfer sent with the payoff amount. I kept watching on line for the pay off to show up. It never did. On Oct. 26th, I started making calls to MCNM to find out what happened. I have made calls at least twice a week every week since then and they cannot find my money. They then took November's payment from my account even though the house was paid off in October. MCNM had me send the payment to Wells Fargo in care of MCNM. I have called Wells Fargo every week since October 26th also. They will not give me any information since I don't have an account with them, but I keep calling. I notified MCNM that they would have to work with Wells Fargo to locate my money. I have talked with at least a dozen customer service people at MCNM and get different answers from each of them (Problem will be cleared up within 48 hours, send proof of payment, contact Wells Fargo yourself, what account did you put it in, etc.) Now they want December's house payment or they are charging me a late fee and probably put it on my credit report. They have my money from October. I even filed a report with the Better Business Bureau and MCNM has done nothing. My bank is getting a lawyer involved to try to help. I contacted a lawyer and they want $1500 up front and 25% of what they get me. I don't know what else to do.
We finally paid off our loan in May. Since we overpaid, Mr. Cooper was supposed to refund us the overpayment. They never did. We had to call them in July to find out why they were not refunding the money. They said they sent out a check in May but the check was not cashed. So they had to resend the check. We were wondering what they would do if we hadn't called about it. Keeping my money for good?
Anyway, we waited a couple of more weeks. Still no refund. We called again. They said they never resent the check and they would do right away. We waited another week and this time, they said the first check was actually cashed already, by me. We asked them to send us the image of the cashed check and the date it was cashed and the account number it went into. They said they could send us none of that. It was our job to find out where the money went. They also said if we still want the money, we needed to email their research department ourselves and figured out how to get the money.
Up till today, months after my payoff, I still don't have my overpayment refunded. And during this whole process, they never reached out to me although they owe me money. They did nothing to help out the customer except keeping customer's money to themselves.
If you need reference, the last rep we talked to was Amber, work ID 6530670.
I was only trying to refinance my property after they bought it from another bank some eight years ago. They were apparently not too happy about that even though I have excellent payment record and excellent credit report. Please stay away from this company. They don't wish anyone any good. It is all about the profit margin for them at the expense of homeowners who are dully paying their mortgage and are looking to lower their interest rate.
My email is *******@oocupholstery.com if anyone can help please let me know your experiences. I'm calling my lawyer again Monday to try and see what can be done. She's already sent them a letter a month and a half ago. PLEASE let me know any info is appreciated.
My Liability insurance was due 1/20/20. When I received a Notice of Cancellation on my policy the end of January (around the 29th) I called them to ask why. Mr. Cooper said they were not sure as they sent the payment 1/23/20 (even though it was due 1/20/20).
I followed up with my insurance agency and they said not to worry that we had until the end of February before the policy was cancelled and she was sure it would be sorted out by then. In the meantime, my son was diagnosed with cancer, so I didn't follow up for a week or so.
My Insurance Agent said she would stay on top of it and let me know when it was paid. A week later (2/10 ish?), Safeco (insurance co) said they still couldn't locate the payment because it had been sent in with hundreds of other people's premiums in one check and it had to be broken out before they could post it. My agent said she would follow up for me due to my circumstances as the primary caregiver for my son.
When I finally came up for air, the middle of February, my agent said that Safeco still had not received the payment, so she spoke to a Mr. Cooper rep on 2/19/20 who assured her that a replacement payment had been sent. She assured me not to worry because Safeco had extended the due date to 2/30/20 giving time to get this sorted out.
I logged in to my Mr. Cooper account (2/29 ish) to see if the insurance payment had been made and to see if they had paid my first property tax installment on time, which they had. HOWEVER, I noticed that they had debited my escrow account for TWO PAYMENTS TO MY LIABILITY INSURANCE COMPANY and it was now showing a negative balance! Are you kidding me?
I called requesting that the money be put back into my escrow account immediately as they do a "review" in March and will raise my payment if the escrow account has a shortfall. I also requested that the escrow account be closed, as I could obviously do a better job at making the payments on time than they can. The agent, Anna, said to follow up in 10 days to see if the $ was returned to my account and that she had requested the Escrow account be closed and forwarded to me which won't happen until 4/1/20. I set a reminder to follow up on 3/10/20.
I received a text from my agent 3/9/20 stating that a SECOND notice of cancellation had gone out because Safeco never received the 2/19/20 payment. When my insurance agent followed up that morning, the payment wasn't actually mailed until 2/27/20, but even 12 days later, it still had not been received by my insurance company.
I called to talk to a supervisor. After they verified that I do indeed make my payment around the 14th of each month, ON TIME, and "Had I set up my payment for this month yet?" which I had, and "Would I like paperless billing?", which I do not, they patched me through to a supervisor (Keairoh). I explained the situation and requested my payment to be overnight-ed to my insurance co. She had me wait while she got Safeco on the line. Safeco insurance co doesn't have an "overnight" address, so that request is denied. After explaining how furious I was at this payment being late and my being double charged in my escrow account, I asked Keairoh (Mr. Cooper rep) to personally follow up on Friday, March 13,2020 to make sure this payment was posted and to put the money BACK INTO MY ESCROW ACCOUNT and forward it to me. She said she would, but I highly doubt this will happen.
This business is a JOKE. I cannot help but think they are on the brink of bankruptcy that they have to hold onto your money and jerk the insurance companies around like this. Apparently they know how to pay my taxes, why is this so difficult.
If your mortgage is sold to Mr. Cooper, like mine was... REFINANCE AS SOON AS YOU CAN WITH A REPUTABLE LENDER. This is a complete joke and I do not need to babysit my lender when I am trying to care for my son. Have some human decency Mr. Cooper. All I am asking is that you DO YOUR JOB!
Exactly same words i was naming them
THIEVESSS
Mr. Cooper ARE THERE JUST TRYING TO GET YOUR LAST DROP BLOOD TAKING ADVANTAGE OF PANDEMIC PUT EVERYONEIN THE CORNER AND CHARGING ALL THE EXTRAS HOWEWER THEY CAN STEAL
THEY ARE SCAM FRAUD
THIS COMPONY BE OUT OF BUSINEES AT THIS MOMENT SO NOONE WILL BE GETTING HARM ANY MORE
WHOEVER IS THE OWNER PARTNERS SHOULD BE IN PRISON
WE SHOULD ALL GET TOGETHER TAKE THEM TO COURT MAKE SURE THEY R OUT OF BUSINESS GET THGE HELL OUT OF OUR LIVES
UNBELIEVABLE HOWTHEY CAN ABUSE ALL THESE PANDEMIC CONDITIONS AND DO THEIR MOST ABILITY TO CHARGE EXTRAS THAT WE WONT BE ABLE TO PAYBACK AND LOOISE OUR PROPERTIES
NEVER EVER SEEN ANYTHING LIKE THIS
I WAS GETTING PHONE THREATTINING CALLS WHEN I WAS AT FOREBARANCE EVERY OTHER TIME ONE CALLS SAYS IF U DONT PAY YOUR MORTGAGE WE WILL TAKE YOU TO PRISON
ONE TIME MIAMI NUMBER ONE TIME PHILEDELPHIA NUMBER CONSTANT THREATENING PHONE CALLS
JUST UNBELIAVABLEEEEE
PLS PLS PLS STAY OUT OF DOING ANYTHING TO DO THESE MR COOPER OR VELOCITY
YOU WILL DO BIGGEST FAVOR TO YOUR PROPERTIES
Then last month I noticed that on THEIR website there is a feature where you can pay a partial payment. I planned to pay half and in 2 weeks pay the other half. I still would have been 2 weeks early from when it was due. So I submitted the payment. Instead of paying half my payment it went to principle only payment. I am furious about this because on their website there is a spot where you can do principle only. That is not what I used. I clicked the spot that said "partial payment" the remainder of your payment will still be due before the due date"
I emailed them and Mr. Cooper just kept telling me they didnt care and then would close out the email. They are the worst. I'm trying to figure out how I can get my mortgage sold to someone else. I am over this.
Fast forward to January of 2020, I receive a letter stating my Home owner's insurance had been cancelled again. I called Mr. Cooper, and Mr. Cooper got on the phone with my insurance provider. The insurance company, because they had not gotten paid for the 2019 insurance, agreed to back date the policy, but there had to be payment sent for the 2019 and the 2020 premiums.
I agreed to pay out of pocket for the 2019, and the other could come out of escrow. Mr. Cooper said that escrow could pay the whole thing, and we could deposit the other payment directly into the escrow account. They said there would not be any issues with doing that. They sent $3k+ to my insurance provider, and we deposited the 2020 amount, which was higher than what we actually agreed to. For some reason, even the escalation specialists could not figure it out, Mr. Cooper sent another $1,800+ payment to our insurance provider. Oh, and they sent the $3k+ payment to the wrong address. We had gotten another letter from the insurance provider saying the insurance policy was being cancelled due to lack of payment.
Right after sending these payments, they ran an escrow analysis. Of course, the analysis shows we are overdrawn in our escrow account. Next house note was increased $400. I called Mr. Cooper, and they said to deposit the extra payment that was sent to my insurance company back into escrow, which we did. This is the second time we have deposited money back into escrow.
They were supposed to get that back in, run another escrow analysis, and reduce our house payment back to what it was supposed to be.
I found a new quote for my home owner's insurance company, and the amount was supposed to be rolled over. Mr. Cooper has basically overpaid since the new policy is cheaper. Mr. Cooper sent yet another payment to my insurance company in the amount of around $1,400. I caught this early enough to get Mr. Cooper to stop payment, but they say it takes several days for that to occur.
Now they say it is too late to correct this, and we are stuck paying the $400+ increase on our house note because of multiple administrative errors on Mr. Cooper's part. Their mistake, but we have to face the financial fallout from their mistake.
I was told by one of the employees that we had two options.
1) Pay the higher house note for now, and they will work on correcting this later.
2) Don't pay the house note this month, and my credit score will be impacted.
By the way, we had held off making the payment to begin with because they told us to. They were working on getting the errors corrected, but before they could correct the first errors, they made more which made the problem even worse.
Do not do business with Mr. Cooper.
Avoid this company if at all possible.
Very incompetent.
They called/mailed me DAILY to try to get me to refinance with them, but I DID NOT want to lose the equity in my home
They have been systematically raising my payments higher and higher on a yearly basis, (ALWAYS claiming that my escrow is too low when they do their so-called "analysis"). I believe this was done to FORCE ME to REFINANCE! I finally decided to give them a chance, and CAL BRASHIER began a IRRRL that he swore up and down would lower my rate, NOT touch my equity, oh, and I COULD HOLD OFF ON MAKING MY MORTGAGE PAYMENT FOR THE MONTH,... he LIED.
I got a follow-up call from JODIE BRAYARDO who said that the equity would be applied/or sent to me in a check, and YES, I STILL NEEDED TO MAKE MY PAYMENT? NONE of it was what I wanted to hear, so I said "No THANK YOU", but by this time my payment was considered "Late", and, guess what?-THEY HIT ME WITH A LATE FEE AND THREATENED TO REPORT ME TO THE CREDIT BUREAU! Wtf?
AFTER I scheduled my payment (that their system would NOT ALLOW ME TO MODIFY) I called Customer Service SEVERAL x's to TRY TO get this all straightened out only to be given the run around. I emailed them, also. I have copies of EVERYTHING!
I am a retired disabled Veteran living on a set income. Mr. Cooper is colluding with the County Tax/Homeowners Insurance people to DRAIN MY SAVINGS and they are trying to FORCE ME OUT OF MY HOME!
DO NOT TRUST THEM! THEY ARE JUST A BUNCH OF LOUSY COMPLICIT CROOKS THAT SHOULD HAVE A CLASS ACTION SUIT BROUGHT AGAINST THEM!
BEWARE!
ETA: OMG!
I received a letter from VA (dated 4 February 2020) stating that MR. COOPER/AKA NATIONSTAR had REPORTED ME FOR NONPAYMENT!
I screenshot my Payments, emailed them to the VA Representative, and they confirmed the payments were, indeed, current.
Guess what?
I received a letter from MR. COOPER AKA NATIONSTAR dated 11 February 2020 admitting that they "INADVERTENTLY REPORTED ME TO THE VA!?
WHAT THE ENTIRE F--K?!
Can someone recommend a good CLASS ACTION ATTORNEY?! I will get this party started!