Review and analysis of over 7 complaints against Regions Financial Corporation
Regions Financial Corporation consumers have reported over 7 official complaints related to Credit decision / Underwriting. Out of the 7 consumer complaints against Regions Financial Corporation, 14% were disputed by the consumer (i.e. the consumer was not happy with how Regions Financial Corporation responded to their complaint) and 100% were processed in a timely manner. 14% of consumer complaints against Regions Financial Corporation resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 14% resulted in non-monetary compensation.
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Regions Financial Corporation Mortgage credit decision / underwriting December 12, 2016 - To Whom it May concern, -/-/2016 I applied for a Mortgage Loan with Regions Bank. I was pre-approved and permitted to house hunt. I was pre-approved after submitting all the usual documentations : bank statements, tax returns, pay stubs and so forth. A month later I found a property and submitted further documentations since it was a condo. I then received a commitment letter from my Bank. I was then set to close -/-/2016. On -/-/2016, thinking I will be closing, my bank finally contacts me stating they need bank statements since they never received them. This makes me question the fol... |
Regions Financial Corporation Mortgage credit decision / underwriting July 27, 2016 - Regions Bank turned down my - - - - mother 's equity line request for $40000.00 to help take care of long-term care expenses. They claimed she did n't have enough credit history. This is absurd considering she bought her home in - and made payments on it every month until is was paid off in -. Since then, she has had multiple credit cards and lines of credit that have all been paid in full. What 's more she has bought multiple cars using credit over the years. In addition, she has a current - - - credit card with a $6800.00 balance that she pays monthly. As an as... |
Regions Financial Corporation Mortgage credit decision / underwriting July 15, 2016 - In or about -/-/-, a line of credit that I had with Regions Bank came due ( I had inexplicably thought that it was for a longer term than it actually was - it was originally granted in -, - ). I approached Regions to do a reissuance of the line of credit at the same 3 % rate of interest on the original line. That was denied by - -, a Regions VP our of -, AL who instead my only options were : 1 ) pay the outstanding $50000.00 owing ; 2 ) accept a Regions ' commercial loan at a quoted rate of 9.5 % ( a 6.5 % rate hike ;, or, 3 ) obtain a non-Regions loan to pay off the line... |
Regions Financial Corporation Mortgage credit decision / underwriting April 8, 2016 - Regions Mortgage is not reporting correctly on several if account. This account is not in the wage warner plan. The balance is incorrect, last payment date is incorrect. REGIONS MORTGAGE - - - -, MS- ( - ) - Account Number : - Status : - Account Owner : Joint Account High Credit : $200000.00 Type of Account N/A Credit Limit : Term Duration : 20 Years Terms Frequency : Monthly ( due every month ) Date Opened : -/-/- Balance : $160000.00 Date Reported : -/-/- Amount Past Due : $0.00 Date of Last Payment : -/-/- Actual Payment Amount : $20... |
Regions Financial Corporation Mortgage credit decision / underwriting April 6, 2016 - inaccurate information in this account. improper collection practices ... |
Regions Financial Corporation Mortgage credit decision / underwriting March 24, 2016 - Regions banking officials denied my loan request based on age, gender and race. My full explanation has been forwarded, ... |
Regions Financial Corporation Mortgage credit decision / underwriting February 12, 2016 - Regions Mortgage is reported wage earner on credit report. The loan is being paid outside of the chapter -. ... |