VHDA Mortgage Complaint

Conventional fixed mortgage Loan servicing, payments, escrow account

VHDA Mortgage department,

Conventional fixed mortgage Loan servicing, payments, escrow account Virginia

My mortgage is with Virginia Housing Development Authority. I pay my mortgage online and this month there was an additional fee of $350.00 indicating it was a fee for possibly mitigation and/or short sale ( it was n't clear ). I tried calling VHDA but could not reach them. I tried just paying my regular mortgage fee but the system would n't allow me to. Last year my loan was mitigated in -/-/- and I tried a short sale in -/-/- which was denied in -/-/-. There was NO indication there would be a fee for these actions. Nothing was said to expect a fee at any time. In my estimation, this fee is purely extortion - a scheme to bilk a customer they already know is experiencing financial difficulties.

VHDA customer in Virginia
Mar 14, 2016

* Source: CFPB Complaint Database

VHDA response to complaint:
Closed with monetary relief

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