M&T Bank Corporation Mortgage Complaint

FHA mortgage Loan modification,collection,foreclosure

M&T Bank Corporation Mortgage department,

FHA mortgage Loan modification,collection,foreclosure North Carolina

I have an FHA loan with M & T Bank that my husband and I used to purchase our home in -. We paid as agreed for 5 years until my husband suddenly passed away in -. He was the sole breadwinner in our home, and I am in dire straits as M & T Bank is moving to foreclose on me. My daughter lives in the home with me along with - granddaughters and she does contribute towards the bills, but not enough that I am able to keep up with the mortgage payment. I have applied for - and survivor benefits and have a hearing coming up soon, but will not receive any benefits until AFTER the hearing. I have tried to explain this to M & T but they have been very heartless. Their agents have called me wondering where the payment is, and threatening me with foreclosure and eviction. I then applied for help through the government FHA programs but M & T has not willing to work with me or consider me for any options.


this option. I also know there are other types of programs including modification, partial claim and special forbearance, or even " suspended payments '' that could assist me during this difficult time. Once again, M & T Bank has not been willing to give me any help or any consideration for assistance. I assure you, once I have the - hearing and benefits are awarded I will be able to resume making payments. I ca n't believe that M & T is moving so aggressively to foreclose on me instead of giving me a grace period or some consideration for my situation. I ca n't believe that this is allowed. I am sure this situation has happened before, I know they need to get paid on their loan but would expect some consideration and a fair negotiation.

M&T Bank Corporation customer in North Carolina
Jan 13, 2017

* Source: CFPB Complaint Database

M&T Bank Corporation response to complaint:
Closed with explanation

Created with Highcharts 4.2.3M&T Bank CorporationComplaint HistoryComplaints2/20163/20164/20165/201611/201612/20161/20173/2017012345Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3M&T Bank CorporationLoan 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

Get Help

Get personal financial help today. Free tools, resources, and support you need.

Help Me

File a complaint

Submit a complaint with the Consumer Financial Protection Bureau today

File Complaint

Stop Phone Calls

Stop the phone calls, learn how to stop harassing phone calls

Stop Calls

Loading similar complaints