CIT Bank National Association Mortgage Complaint

CIT Bank National Association Mortgage department,

Reverse mortgage Loan servicing, payments, escrow account New Jersey

Actually this is more info on Case number : -. I do not see a way to give more information. I received a document in the mail. When I spoke with - several weeks ago, he mentioned the net Principle Limit could be accessed and used. After doing my own research previously and making previous calls to Financial Freedom/One West, I doubted this was true, so I decided to test it. I tried to withdraw $1000.00. If he was correct, I would just withdraw the money I did n't know was mine for the asking, and pay the commission and closing fees. But, I was correct and - was not. In the mail I received documents requiring my signature to adjust my mortgage so I could get my $1000.00 check and then only receive approx $300.00 per month, which would then not cover my living expenses on the home should it a ) not sell or b ) HUD does not approve the short sale. So, I did not sign the papers and again, I am right back where I started. I do n't have money for the commission and legal fees to sell the home and FF/One West is still pushing foreclosure and deed-in-lieu since they will not help with the closing costs. Again, this would have only cost them $ 5K last year if I sold to the first buyer ( RE commission and legal fees ), and now they have paid me $7500.00, which means they could have saved $2500.00. How could the US bail out banks when this is what they do to elderly homeowners?