United Security Financial Corp Mortgage Complaint

VA mortgage Loan modification,collection,foreclosure

United Security Financial Corp Mortgage department,

VA mortgage Loan modification,collection,foreclosure North Carolina

We asked the bank for a minimum net proceeds amount to determine if we could find a buyer. The bank told us on - that acceptable net proceeds of $230000.00 were required. We provided an offer to avoid the foreclosure. the investor then, after reivew for one week change their mind and now want an additional $7500.00 above the offer and to reduce commission to 3 % for - agents to split. The short sale national protocol is 6 % between - agents. We reduced the commission to 5 % split between - agents to try to make this offer work. This was the highest offer received in 2 years on market, they turned it down the day of the foreclosure, then 5 minutes before the foreclosure they postponed the foreclosure for offer review again. That was on - -, 2015. Now they have returned today - - -, 2015 ) at the same terms as prior to their review - $260000.00 and reduce commission to 3 %, split between - agents. So in essence, they are now again more intent on foreclosing on an - service member and his veteran exwife who is suffering -. Therefore we feel that the investor - United Security Financial - is force placing this foreclure by offering terms that no one could oblige.

United Security Financial Corp customer in North Carolina
Sep 11, 2015

* Source: CFPB Complaint Database

United Security Financial Corp response to complaint:
Closed with explanation

Created with Highcharts 4.2.3United Security Financial CorpComplaint HistoryComplaints7/20142/20157/20159/201510/201500.511.522.5Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3United Security Financial CorpLoan modification,collection,foreclosure83.3%16.7%Closed with explanationClosed with non-monetary reliefSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageLoan modification,collection,foreclosure2.6%80.5%0.9%7.4%0.6%6.9%0.9%0.2%ClosedClosed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed with reliefClosed without reliefIn progressUntimely responseSource: Consumer Financial Protection Bureau

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