Reverse Mortgage Solutions Mortgage Complaint

Reverse Mortgage Solutions Mortgage department,

Reverse mortgage Loan servicing, payments, escrow account Texas

Home damaged by hail storm -/-/-. Check amounting to $23000.00 received from - - on -/-/-. Check forwarded to mortgage company RMS, - - -, -, T- -, telephone # -, Loan # -, Date of funding -/-/-. Property address - - -, -, T-, -. Mortgage is a reverse mortgage. RMS acknowledges receipt of funds but will not release any funds to insured party. RMS also advises that only 50 % of funds will be released to insured party. No firm date is provided as to release of insurance funds. RMS also indicated payees on check will be Contractor authorized to perform repairs and insured parties indicated on insurance policy. Today is - some 12 days after funds were forwarded to RMS.