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Complaints Against Lenders
The New York Times THE new Consumer Financial Protection Bureau received 23,500 complaints about mortgage lenders from last December through this past June, according to a recently released semiannual report. And, not surprisingly, just over half the complaints centered on the problems borrowers encountered when they were unable to make payments. The report, which encompassed a wide range of financial products, noted the “fatigue and frustration” experienced by borrowers attempting to get their loans modified or refinanced. “Though consumers must provide documents within short time periods and income documentation generally remains valid for up to 60 days,” it said, “lengthy evaluation periods can result in consumers having to resubmit documentation — sometimes more than once.
14 CHERRY CREEK MORTGAGE complaints and reports @ Pissed Consumer
MoreLess We went with this company to refinance, and provided our documents to them within 2-3 days! We were asked to take a loan to pay off a second mortgage, we did, thinking this was a sure fire refinance. Waited a month, without any response-- we were told we'd close the end of September, that came and went. They told us we could close by the 10th of October and with this deal, we'd have to cancel our auto pay on our mortgage to not pay them. . . Read more › Was this review helpful? 03 Jun 15, 2012 Cherry Creek Mortgage Real Estate Denver ,Colorado 5 5 613 I dealt with Lori Richardson of Cherry Creek Mortgage, who promised us a loan for 3 months and even increased our qualification after submitting the 2011 tax return, then after questioning her on her math, she turns around and tells us to go find someone else.
FindLaw's Superior Court of Connecticut case and opinions.
MEMORANDUM OF DECISION ON PLAINTIFF'S MOTION TO STRIKE (# 116)FACTUAL BACKGROUNDOn January 20, 2011, the plaintiff, Valley National Bank, filed a three-count complaint against the defendants, Private Transerve, LLC, John Tartaglia, Linda Tartaglia and Geoffrey Minte, as individuals. The first and second counts sought foreclosure on two properties, 83–85 Randall Avenue, Bridgeport, Connecticut and 84–86 Randall Avenue, Bridgeport, Connecticut, respectively. The third count, which is not at issue in the present matter, alleged breach of guaranty.
Generation Mortgage Co. Atlanta Ga.. Complaint 151943 | Scambook
I filed earlier about Upstate Capital in Syracuse Ny. . I am 71 and wanted to buy a smaller home which I found. . . I owed nothing on my home I lived in for over 40 yrs. . Upstate Capital after 9 months playing with me sold me off to Generation Mortgage. . now they both have 250,00 leans on my home so I can't sell it. . and they want about 30,000 to get my deed back. . Upstate Capital gave me 10,000 to get started so I put 2,000 down on this second home since I lost the first home with them taking so long. . so after 9 months I did what Upstate told me to do.
Having had my mortgage overseen by three different mortgage programs including BofA, I have had excellent results with Nationstar. I mortgaged the house to cover several credit cards my wife maxed under early stage dementia, seeking lower interest. Then the first mortgage holder was able to lower interest from 9% down to 6+%. Then when BofA took over, they took no opportunity to rewrite mortgage before selling it to you. Your rep was able to lower it to current level under the Obama plan, and I am very happy with the result and service you provided.
Citibank Complaint: Loan modification,collection,foreclosure
Complaint #1307100 submitted on 03/30/2015 relating to Citibank. Complaint relates to Mortgage Conventional fixed mortgage - Loan modification,collection,foreclosure. Complaint was submitted via Web and sent to the company on Monday 30th March 2015. Narrative (may be redacted). You mean the short version : we fell behind on our mortgage because and storm damage insurance claim was denied and we were in the midst of the double dip recession XXXX and a severe reduction in income. Since then we applied for a mortgage modification with CitiMortgage.
Amerisave Mortgage Complaints, Reviews, & Information
Mateo Broduer Jan 16, 2012 As I’m sure you are aware being in the age of the internet any company can have their reputation bashed justified or not. While I will not profess that our company is perfect we make every effort to provide good service at competitive pricing. In today’s lending environment there are many challenges more stringent documentation requirements, declining home values and heavy scrutiny of the appraisal report. Many times folks find it hard to accept their property value maybe less than expected or don’t understand why certain documentation is required to get a loan today when they did not have to provide it in the past.
All Web Referrals Exclusive Reverse Mortgage Leads. Web Generated + Live Transfers.
ALL WEB REFERRALS has for the last five consecutive years provided reverse mortgage leads to 7 out of the top 10 HECM lenders. Our leads are exclusive, and internet generated from major search engines. Our web to live transfer HECM leads has the industry highest closing ratio. Close more HECM loans this month. ALL WEB REFERRALS has an in-house team of internet marketing experts whose sole mission is to increase our web presence to acquire more leads at higher quality. Our leads are sold on an exclusive basis providing you with the highest probability of closing an HECM deal.
Fannie Mae sues 9 leading world banks over $800mn loss from Libor rigging
Published time: 1 Nov, 2013 13:42Edited time: 1 Nov, 2013 18:58 US mortgage agency Fannie Mae has filed a lawsuit against nine of world’s biggest banks, citing $800 million in losses it claims came from the manipulation of the key interbank rate - Libor. The lawsuit filed at the District Court of Manhattan is against Bank of America, Barclays, Citigroup, Credit Suisse Group, Deutsche Bank AG, JPMorgan Chase & Co, Rabobank, Royal Bank of Scotland and UBS AG, claiming they artificially lowered the rate from 2007 to 2010, the Washington Post reported.
American Nationwide Mortgage Company - Home
Is a Reverse Mortgage for you? Reverse mortgages are a special type of federally insured home loan that allows seniors to convert the equity in their home into cash. They can give older Americans greater financial security to supplement social security, meet unexpected medical expenses, make home improvements, and more. Common MYTHS to a Reverse Mortgage: Lender takes the deed/ title to your home. This is not true! Title on a reverse mortgage is no different than any other mortgage you’ve ever had – only the homeowners are on the title. You need good credit for a reverse mortgage.