M&T Bank Mortgage Complaint

Conventional fixed mortgage Loan modification,collection,foreclosure

M&T Bank Mortgage department,

Conventional fixed mortgage Loan modification,collection,foreclosure California

I sold a property in - NY mortgaged by M & T Bank. The proceeds did not pay off the loan, $4100.00 short although this was not a short sale, the sale closed -. I tried negotiating with the bank to re-fi the amount owed, they would not help. I was able to pay them off in -/-/- by then the amount was $8200.00. I was charged for $3000.00 for property insurance and county and city taxes although I did not own the property, the new owner was on title. The taxes were paid for the new owner, double paid. I had to pay the entire amount as the property was already taken to foreclosure and the new owner would have filed a law suit against me, my attorney and real estate agent.

M&T Bank customer in California
Jun 10, 2015

* Source: CFPB Complaint Database

M&T Bank response to complaint:
Closed with explanation

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