Review and analysis of over 64 complaints against Reverse Mortgage Solutions
Reverse Mortgage Solutions consumers have reported over 64 official complaints related to Loan modification,collection,foreclosure. Out of the 64 consumer complaints against Reverse Mortgage Solutions, 28% were disputed by the consumer (i.e. the consumer was not happy with how Reverse Mortgage Solutions responded to their complaint) and 98% were processed in a timely manner. 0% of consumer complaints against Reverse Mortgage Solutions resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 0% resulted in non-monetary compensation.
Submit a complaint with the Consumer Financial Protection Bureau today
File ComplaintStop harassing phone calls, know your rights and what you can do to stop them
Stop Calls
Reverse Mortgage Solutions Mortgage loan modification,collection,foreclosure May 19, 2016 - Hello, I am sending this email in the hopes of finding some assistance for my mother - yr. old mother, - - - My mother currently has had a reverse mortgage for the last 4-5 yrs. The mortgage company wants foreclose on the property because there was a lien placed on the property in the amount of $27000.00. The mortgage company paid the money without contacting her to find out if it was owed or before getting any information so now they started foreclosure proceedings. Obviously, my mother nor anyone in our family can afford to re-pay the $27000.00. I do n't know if this is legal... |
Reverse Mortgage Solutions Mortgage loan modification,collection,foreclosure April 28, 2016 - In or about - -, I was - program which -. The boat that I was riding on for this - race crashed and I suffered -, which left me unable to work. I was able to obtain a reverse mortgage with - at the time. I was responsible to keep up with the property taxes. I fell behind on my taxes with - and they were gracious enough to allow me to pay $210.00 per month until the $7600.00 was paid off. After making two payments to -, the loan was transferred to RMS. RMS refuses to acknowledge the payment arrangement I had with - and is now threatening to foreclose on me. Two... |
Reverse Mortgage Solutions Mortgage loan modification,collection,foreclosure April 21, 2016 - My Dad got a reverse mortgage with - -/-/-. About a year or so later, - went out of business and now - - - was in charge and hired Reverse Mortgage Solutions as the servicer. My dad passed -/-/-. I thought I would be able to purchase the home within a year due to a business deal I was involved with with my cousin but he fell ill and the project went on hold indefinitely. Then the company I worked for went out of business. -/-/- received notice that the company foreclosed saying I defaulted by not appearing in court to answer. I was never served a summons to my kno... |
Reverse Mortgage Solutions Mortgage loan modification,collection,foreclosure April 8, 2016 - I - - live - - - - Il - have a mortgage reverse since 2008 in the amount of $310000.00 lien mortgage. I was not given the opportunity for a counseling session. The mortgage lender has been working with me to get caught up with the taxes. I was under the impression to help me stay in my home. Then all of a sudden the mortgage company file for foreclosure against me and took my home and confirmation of the approving the sale is - -. I have been told to wait when in communication and had no idea that my home was been taken from me. I only received $1000.00 per month... |
Reverse Mortgage Solutions Mortgage loan modification,collection,foreclosure March 22, 2016 - Here is my story. Back in - of 2013, I was selling my house and having heard all the hype about Reverse Mortgages, I spoke to a representative from Reverse Mortgage Solutions in - Texas. He assured me that under a reverse mortgage the new house would be mine until the day I die. He told me I 'd never have to worry as long as my taxes were paid and my homeowner 's insurance is up to date. Concerned about my security, I asked repeatedly if the house really would be mine until I died and he reassured me over and over again that it would. Regretfully, I believed him. Big mistake! I signed al... |
Reverse Mortgage Solutions Mortgage loan modification,collection,foreclosure March 9, 2016 - I took out a reverse mortgage with - about six years ago when I was having severe financial hardships. They paid off my first mortgage but did n't pay off my back due taxes of about - - dollars. They assigned the mortgage to - Mortgage. I had a repayment agreement with them. Then - bought the mortgage again and Reverse Mortgage Solutions became the new service provider. From the start they seemed to want to foreclose and not give me a new repayment agreement citing FHA rules. In the meantime, after getting my reverse mortgage, I was forced to file Chapter - bankruptcy and was... |
Reverse Mortgage Solutions Mortgage loan modification,collection,foreclosure February 16, 2016 - Reverse Mortgage Solutions, Inc. 's ( RMS ' ) foreclosure of a - citizen 's home in Maryland was temporarily averted this past week. A short sale contract at full appraisal ( i.e. RMS appraisal ) was received but rejected by RMS and its greedy investors who choose to remain anonymous. We understand that the DOJ recently fined RMS and its parent entity - for fraud, and it seems that they should be investigated for other improper reverse mortgage activities. Further, HUD should do a thorough audit of this account as it was previously handled by - - and - - -, whose overchar... |
Reverse Mortgage Solutions Mortgage loan modification,collection,foreclosure January 20, 2016 - we have a - mortgage for purchase with reverse mortgage solutions and they are threating foreclosure on a lapse in flood insurance of three months in 2014 due to fema of a total amount of - dollars our flood insurance is - dollars per year I am on a fixed income and can not pay the amount they are demanding ... |
Reverse Mortgage Solutions Mortgage loan modification,collection,foreclosure January 13, 2016 - My mother died on - -, 2015. I am the administrator of her estate. She had done a reverse mortgage with the lender RMS ( reverse mortgage solutions ). We have given the lender everything they have asked for and we are currently trying to sell the home ourselves. However, the lender will not communicate to me what the timeframe is that we have to sell the property. Can you help us get this information? ... |
Reverse Mortgage Solutions Mortgage loan modification,collection,foreclosure January 12, 2016 - My father 's house had a reverse mortgage, serviced at the time of his death by Reverse Mortgage Solutions , Inc. RMS contacted me by telephone eight ( 8 ) days after my father 's death to request a copy of his death certificate. Once the - had prepared the Death Certificate, I scanned it and sent it to RMS via e-mail. In the body of that e-mail I indicated my intention to pay off the mortgage through the proceeds of the sale of the house. I sent RMS a copy of the listing agreement with a local real estate firm for the sale of my father 's house five ( 5 ) months after his death. RMS acknow... |
Reverse Mortgage Solutions Mortgage loan modification,collection,foreclosure November 2, 2015 - the reverse mortgage lender ( reverse mortgage solutions inc ) provides a procedure for the struggling homeowners to short-sale their property. ( short-sale letter exh - ) stating that Once the process begins, an associate will review your application and contact you within 5 business days to discuss next steps. '' FHA 's parent agency, the U.S. Department of Housing and Urban Development, also has guidelines for lenders handling short sales. we have submitted a complete short-sale package both by fax and email on - -, 2015 ( see exh - ) only to be told that the package was lost b... |
Reverse Mortgage Solutions Mortgage loan modification,collection,foreclosure November 2, 2015 - On - -, 2015 I received a letter from Reverse Mortgage Solutions , Inc. notifying me that my loan was in serious default due to lender placed flood insurance. I was originally notified of the flood insurance requirement in 2015. I am - years old and live on a fixed income. The amount needed to bring my account out of default is listed on the letter as $6400.00, which will increase. I made several calls to Reverse Mortgage Solutions, Inc to get more information in which I was not able to get in contact with them until weeks after receiving this letter. The representative assigned to ... |
Reverse Mortgage Solutions Mortgage loan modification,collection,foreclosure October 29, 2015 - I took out a reverse mortgage with Reverse Mortgage Solutions, in the amount of -, -/-/-. I was delinquent in my taxes and insurance, so they agreed to redo my agreement and let me pay them back monthly, which I did, faithfully, every month. I have been putting money in a savings account to pay this year 's taxes, and took out an insurance policy to cover the mortgage this past month. I had a verbal agreement with the woman handling my account to pay back the loans for the taxes and insurance. On -/-/-, I got a letter in the mail from Reverse Mortgage Solutions, telling me that I ... |
Reverse Mortgage Solutions Mortgage loan modification,collection,foreclosure October 16, 2015 - i have a reverse mortage with reverse mortage solutionsI am on a fixed income they require me to pay -per month to pay the premium I only receive - permonthI have a home onwers policy and auto insuranceutilites and dr and - bills ... |
Reverse Mortgage Solutions Mortgage loan modification,collection,foreclosure May 17, 2015 - I helped my mother get a reverse mortgage in -/-/- and she died -/-/-. They started Foreclosure procedures about 2 months after she died. I sent them letters ( before she died ) requesting to set aside the reverse mortgage because they failed to follow procedures with their paperwork as mandated by HUD. There were several forms required by HUB that she was supposed to sign that she understood this process. She never signed these forms and did not understand. It was the counseling mandated by HUD but was not followed. That company - was the counseling agency authorized by HUD to do... |
Reverse Mortgage Solutions Mortgage loan modification,collection,foreclosure April 29, 2015 - Reverse Mortgage Solutions is threatening a foreclosure although elderly borrower is desperately trying to liquidate assets to satisfy a delinquency. Borrower has made good faith efforts to comply with lender 's FHFA / FHA / HUD requirements in reference to delinquency and acceleration. Also, the borrower has been very seriously ill the past several months, in and out of the hospital ( enduring - ) in her efforts to stay in compliance. ... |