Reverse mortgage Loan modification,collection,foreclosure
Reverse Mortgage Solutions Mortgage department,
Reverse mortgage Loan modification,collection,foreclosure Florida
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 needed to pay off the full amount of the loan, or go into foreclosure. I called the lady today, however she told me that her boss decided to not renew the loan, and instead asked for the full payment of the loan, or go into foreclosure. I am a -, retired person with no job and no way to pay off this mortgage, which was not my original agreement in the first place. Every one of my conversations with my contact were recorded.
Reverse Mortgage Solutions customer in Florida
Oct 29, 2015
* Source: CFPB Complaint Database
Reverse Mortgage Solutions response to complaint:
Closed with explanation
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