CIT Bank National Association Conventional Adjustable Mortgage (Arm) Complaints

Review and analysis of over 261 Conventional Adjustable Mortgage (Arm) complaints against CIT Bank National Association

CIT Bank National Association consumers have reported over 261 official complaints related to Conventional adjustable mortgage (ARM). Out of the 261 consumer complaints against CIT Bank National Association, 26% were disputed by the consumer (i.e. the consumer was not happy with how CIT Bank National Association responded to their complaint) and 94% were processed in a timely manner. 0% of consumer complaints against CIT Bank National Association resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 5% resulted in non-monetary compensation.

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New Conventional Adjustable Mortgage (Arm) Consumer Complaints


CIT Bank National Association Mortgage loan modification,collection,foreclosure

May 30, 2016 - I purchased my house using a conventional loan in - - and decided to refinance it with - - bank. The broker at the time offered me an adjustable loan with the options of paying the minimal, interest only, or the full amount ; however, during our discussion he was less than transparent when I accepted the adjustable loan and did not inform me of the consequences of just paying the minimal, interest-only or the full amount when making my mortgage payment : to my dismay, $1000.00 was attached to my principal balance each month when I paid anything accept the full amount with an inte...

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CIT Bank National Association Mortgage loan modification,collection,foreclosure

April 7, 2016 - I am a home owner in the state of Massachusetts. I have fallen under a financial hardship ; I been trying to work with my bank and provided them with everything they have asked for but One West Bank is refusing to assist me and this situation is putting my family and I under an amazing stress same as they did in the past. In - I applied and was found eligible for a HAMP modification trial plan. I was instructed to make - trial payment on time to then be place on a permanent modification ; I made over - payments towrd such offered mod but I was never permanently modified, as continued ...

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CIT Bank National Association Mortgage loan modification,collection,foreclosure

February 29, 2016 - I have a mortgage with Indymac bank which was bought by Onewest Bank Reo, LLC, my house entered in foreclosure in 2009, I received a offer from the bank to make 3 payments, after the last one we agreed to set a permanent modification, I made the on time payments by they returned my last one and I was told that they just change their maid despite that we had a signed agreement, after that unfair situation I keep trying to obtain a loan modification and they asked for documents that I sent accordingly, most of the times they responded that they did not received them, despite that we sent them by...

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CIT Bank National Association Mortgage loan modification,collection,foreclosure

February 13, 2016 - I am the administrator for my daughter 's estate. I have recieved a short sale offer for the property. My realtor and probate attorney are working with the lender to close the short sale deal. The lender has approved the short sale and the buyer has opened an escrow by placing $71000.00 down. There are complications regarding liens on the property which will take additional time to remove. The property is schduled to foreclose on - -, 2016 which will not give us enough time. The decedant 's ex-husband was ordered by the Superior Court of - - - to remove liens from the propert...

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CIT Bank National Association Mortgage loan modification,collection,foreclosure

November 26, 2015 - I 've filed several complaints about my process working with Indymac/OneWest bank in attempts to modify my loan beginning -/-/-. Indymac/OneWest finally offered a loan modification -. After 3-months trial payments, I reviewed their contract and realized it would leave me with a mortgage of over $900000.00 which my late husband left me with, so I chose to move on. The house was scheduled for auction on -/-/- and I had friends interested in buying. My attorney called the Trustee Corporation phone number but a minimum bid amount was never available. On the day of the auction the au...

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CIT Bank National Association Mortgage loan servicing, payments, escrow account

October 29, 2015 - My daughter passed away on - -, 2015. She died from -. She died intestate, my grandson asked me to be the estate administrator, so I hired an attorney and began the probate process in - 2015. after her passing, I found out she had not paid her mortgage since -/-/2015.However, I could not take any legal actions ( list/sell the house, discuss issues with the lender ) until the court approved my letter of administration. It took over four months to get the court 's approval. I received my letter of administration in - 2015. I listed the property with a real estate agent. She wa...

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CIT Bank National Association Mortgage loan modification,collection,foreclosure

October 1, 2015 - I have discovered and notified OneWest Bank pursuant to - - -, that the Assignment of Mortgage on my loan was was robo-signed by serial robo-signers - -, - - and - -. I also requested OneWest Bank to investigate pursuant to - - -. OneWest Bank has failed to respond and acknowledge the robo-signed Assignment of Mortgage that they are attempting to use in a foreclosure proceeding. ...

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CIT Bank National Association Mortgage loan modification,collection,foreclosure

September 24, 2015 - we have lived in our home for 30 yrs. We are - & - yrs old. We have a son that is - old who is a - individual of -. We have been scammed by our mortgage co as they have altered the income information greatly. Took my wife off the mortgage when she was the main source on income. Have a - mortgage and we never took any money out of the house. My income was $800.00. per month from my part time job. The bank altered it to $8.00, ooo. per month. I did have an attorney look at the original loan documents and she has told us that it does most certainly appear to be fraudulent an...

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CIT Bank National Association Mortgage loan modification,collection,foreclosure

June 2, 2015 - My bank has placed a foreclosure date on my home. I have placed my home on the market and we finally received an offer which was presented to the bank and denied due to the foreclosure date I also submitted my documentation requesting for a mediation which were submitted late due to lack of knowledge by the person helping us save our home, a date of - -, 2015 has been giving but my bank continues to proceed with the foreclosure process. ...

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CIT Bank National Association Mortgage loan modification,collection,foreclosure

May 27, 2015 - I 'm stating this because I find it absurd that the limitation for debt forgiveness is under $750000.00. I 'm a widow whose late husband refinanced against my wishes and now I 'm responsible for debt over $900000.00. In negotiations with OneWest/IndyMac for a mortage restructuring, they received a desktop evaluation that my house is worth less than $500000.00. For that reason, I refused the terms of their modification contract. In said contract, they asked me to sign the statement If, at any time, I can not afford to repay the entire amount of the loan, I agree OneWest/IndyMac can put a...

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CIT Bank National Association Mortgage settlement process and costs

April 13, 2015 - From the Desk of - -Private Attorney General42 U.S.C - - - - # -, - -Consumer : - -Property Address : - - - -, CA -PENDING CRIMINAL INVESTIGATIONLAST UPDATE - -, -FEDERAL CONSUMER LAWS CIVIL CODE SECTION 1567. An apparent consent is not real or free when obtained through 1. Duress 2. Menace 3. Fraud 4. Undue Influence or 5. MistakeFEDERAL CONSUMER LAWS CIVIL CODE 1571. 1572. 1573. 1574. 1575. 1576. 1577. AND 157812 USC Sec. 503. Liability of directors and officers of member banks ; 12 USC Sec. 504. Civil money penalty ; 12 USC Sec. 541. ...

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