First American Financial Corporation Mortgage Complaint

First American Financial Corporation Mortgage department,

Conventional adjustable mortgage (ARM) Application, originator, mortgage broker Arizona

'First American Title Insurance Company of Texas - / '' First American Trustee Servicing Solutions - Largents have sent certified mail with return reciept of " Notice of Rescession to officers of First American Title Insurance Company.. - - as the successor Trustee Authorized Signatory. Notice to Agent is Notice to Principal and Notice to Principal is Notice to Agent. The Alleged creditor/beneficiary in this case is THE - AS TRUSTEE FOR CERTIFICATE - ASSET-BACKED CERTIFICATES SERIES - - 1. The live agents of respondent have joint and several, fail, refuse or neglected to lawfully respond to the Demandant's/Largent 's : Notice of Default and Notice of Default in Dishonor , Discharge of Obligation to Pay Instrument ; and, Lawful Demand for Reconveyance. Notice of Rescission Dated : - - -.


Under Title - - - ( regulation Z ) part ( a ), a service does not have the rights of a holder in due course and therefore, do not have the right to foreclose. You are hereby given notice that any attempt to foreclose on my property will be construed as prima fascia evidence that you are committing fraud. 3. Loan Information Broker, - - - -, - - - -, -, AZ - ; Lender, - - Mortgage -, - - - -, # -, -, AZ - ; Servicing, - - Loans- -, -, T-, - Loan Type, ARM, Six-Month -, Refinance, Loan Amount : $ -- Document Date : -/-/- ***Violations*** ( A ) - - FDIC Statements of Policy -. Imprudent Underwriting. It 's important to note that in a refinance loan, the lender engages third party service providers as these services are required by the lender. Therefore, pursuant to - ( a ) ( - ) & ( - ), the cost of third party service providers such as escrow related costs, lender required recording fees, notary fees, title endorsements, etc. or any other services required by the lender are considered a " Finance Charge '' if the lender requires the use of that service. Because the lender did not include these charges, the adjusted Amount Financed is $140000.00. Therefore, the Final Truth In Lending Statement ( Exhibit - ) understates the amount of Finance Charges by the amount of $380.00. It 's also important to note that pursuant to -. - ( g ), finance charges may not be understated by more than $100.00 for the purpose of damages or, pursuant to - ( i ), $35.00 for the purpose of rescission if foreclosure proceedings have been initiated. -. Under Disclosure of Finance Charge - I have investigated the Finance Charge as disclosed on the Final Truth In Lending Statement ( Exhibit - ) by running a 30 year amortization schedule and have noted that the total of interest the lender will receive is $270000.00. When added to the finances charges of $3600.00, the total Finance Charge is $270000.00. Therefore, the Finance Charge is under disclosed by an amount of $390.00. Please refer to the Supporting documents for the remaining violations