Reverse Mortgage Solutions Mortgage Complaint

Reverse mortgage Loan modification,collection,foreclosure

Reverse Mortgage Solutions Mortgage department,

Reverse mortgage Loan modification,collection,foreclosure New York

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 discharged. After much trouble I was given a new repayment plan by them that did not state that any further tax payments would void the agreement. I told them that I could pay them every month until my financial condition improved. They sent back my third payment back because they paid the 2015 taxes. They have now started the foreclosure process again.

Reverse Mortgage Solutions customer in New York
Mar 09, 2016

* Source: CFPB Complaint Database

Reverse Mortgage Solutions response to complaint:
Closed with explanation

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