Caliber Home Loans, Inc Mortgage Complaint

FHA mortgage Settlement process and costs

Caliber Home Loans, Inc Mortgage department,

FHA mortgage Settlement process and costs California

My mortgage loan was transferred over to another service, it went from - to Caliber, when the mortgage was still will -, I signed an Deed in Lieu of Foreclosure agreement, that said I would vacate the property on - -, 2015, in return I would be paid $10000.00 to help in relocation expenses. In good faith, I vacated the property on the given day and left the house in broom swept condition, I took photos for proof. Then a few weeks later I received a letter from - stating that my loan was being transferred to Caliber and that they would be handling the loan from now on. I was assigned a Deed in Lieu Representative - - - -, I have called numberous times to find out status on the loan. I finally got a hold of - on - -, 2015, she said that since a new servicer ( Caliber ) took over the loan, that a new Deed in Lieu of Foreclosure agreement had to be drafted. On - -, 2015, I called and spoke with - again, she said new Deed in Lieu aggreement should be sent out today or Monday from the attorneys, she


should move quicker. On - -, 2015 I called the Attorney 's handling the paperwork on - -, they are the same firm that drafted the paperwork when the loan was with -. They said that the loan paperwork were on hold because they were waiting for a document from Caliber. On - -, 2015, I called Caliber, hoping to have them shed some light on the situation. - was unavailable, explained to the agent -, that I spoke to the attorney 's office, she said she would note the account and let the Deed and - agent know to follow up with the attorney 's office and get back to me. On - -, 2015 I called Caliber again, spoke with -, explained the situation, he advised me that - was out sick until Monday, he said the document in question is most likely an Assignment of Mortgage, and that it is most likely in the Attorney 's Foreclosure Dept. He said to follow-up on Wednesday if I have not heard back from -. I told him that I was worried that someone might break into the house now that it was empty, and since I lived in - -, and in light of the shooting that occurred there, I did not want anything to happen to the home, causing me to loose my moving expenses reimbursement, He also said they have a preservation team that monitors the state of the property, and that they have photos of the property of when they secured it, and that they will reference them when the loan is finally closed out. I did not hear back from - on Monday,, or Tuesday, or Wednesday, I finally got ahold of - on - -, 2015 and explained that I wanted closure on this, and that if the process could be expedited, I also explained what the attorney 's office told me. Her answer was that the date was entered incorrectly on the Assignment of Mortgage and that they were waiting for - - - to sign off on the paperwork. She says that this could not be expedited, nor could she give me any other answer of when this was settled, she left me high and dry.

Caliber Home Loans, Inc customer in California
Dec 17, 2015

* Source: CFPB Complaint Database

Caliber Home Loans, Inc response to complaint:
Closed with explanation

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