Banco Popular de Puerto Rico Mortgage Complaint

FHA mortgage Loan modification,collection,foreclosure

Banco Popular de Puerto Rico Mortgage department,

FHA mortgage Loan modification,collection,foreclosure Puerto Rico

I was in the middle of a process of loss mitigation. On -, the Bank asked for some documents. On - -, 2015, I sent ALL the documents requested through email, and the Bank officer replied " Received. Thank You ''. On -, I got a letter closing my loss mitigation case because " I did n't send the requested documents '', and the Bank immediately referred my case to Executions. I reacted and proved that I had sent all the information requested. They apologized and continued with the case. They asked for more documents which I updated and provided. My case was open and ongoing when, to my surprise, I was notified with a Foreclosure Summary Claim! The Court has even set my case for trial. And I never got an answer from Loss Mitigation or alternatives I could use to prevent this. The Bank even lied openly on the Claim, affirming that they had a new appraisal of my house, when no appraiser has come to my house. The same Bank has even offered mortgage loans in my area for values under what I owe, provoking a legal discrepancy that affects older mortgages, like mine, that in 20 years, owes more than the value the Bank is attributing my neighbor 's houses.

Banco Popular de Puerto Rico customer in Puerto Rico
Jun 06, 2016

* Source: CFPB Complaint Database

Banco Popular de Puerto Rico response to complaint:
Closed with explanation

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