The Money Source Inc Mortgage Complaint

FHA mortgage Loan modification,collection,foreclosure

The Money Source Inc Mortgage department,

FHA mortgage Loan modification,collection,foreclosure New Jersey

In -/-/- I bought a house. I do not speak English ( someone is helping me right now ). The house needed work but I was told by seller and the person working with the seller that it will be finished. However I was guaranteed that the certificate of occupancy was fine and they will finish while I lived there. The seller bought the house in -/-/- for $48000.00, and sold it to me one year later for $300000.00. There was no realtor, and no attorney. The person working with the seller was - -. He plead guilty of a - mortgage fraud in -/-/-. He filled all my mortgage documents, he also applied for my loan. I have a video recording of me speaking with him, as well as an online chat in - regarding my mortgage. He guide me through the whole process and I thought he was helping me. At the end it was a scam and the house was unlivable. The appraisal was never done. I have requested a copy and the lender can not find it. I am sure that the seller and - - made it all up with help with the lender. It took me 3 months to fix the house and get permits to be allowed to live there by the city. I had to take loans for $15000.00 to pay as well as paying my rent. I was unable to pay my mortgage. Now I am in foreclosure. I can pay my mortgage, but the lender will not let me apply for a modification. I was taken advantage off. I want to stay in the house. I can pay my loan. All I need a fair chance for a modification.

The Money Source Inc customer in New Jersey
Sep 21, 2016

* Source: CFPB Complaint Database

The Money Source Inc response to complaint:
Closed with explanation

Created with Highcharts 4.2.3The Money Source IncComplaint HistoryComplaints12/20153/20169/201600.250.50.7511.25Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3The Money Source IncLoan modification,collection,foreclosure100.0%Closed with explanationSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageLoan modification,collection,foreclosure0.2%7.4%6.9%0.6%2.6%0.9%80.5%0.9%Untimely responseClosed with non-monetary reliefClosed without reliefClosed with reliefClosedClosed with monetary reliefClosed with explanationIn progressSource: Consumer Financial Protection Bureau

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