BBVA Compass Mortgage Complaint

Conventional fixed mortgage Loan modification,collection,foreclosure

BBVA Compass Mortgage department,

Conventional fixed mortgage Loan modification,collection,foreclosure Arizona

BBVA Compass Bank initiated an unnecessary legal action, by a - manager that resulted in outrageous legal bills that I had NO control over. I should mention that prior to this incedent, I was a BBVA Compass customer for over 10 years without - blemish through - of loans and mortgages. During the litigation process, the bank and its outside counsel conferred frequently and needlessly known full well that under the original loan documents, I, as the borrower, would be responsible for the legal bill. I firmly believe that this legal bill was extremely inflated and I was forced to pay the full amount of $50000.00 when I paid off the loan. What is disturbing is that the bank refused to provide any documentation or copies of legal bill at closing, stating if the full amount was not paid, immediate foreclosure would be executed. I repeat, I was forced to pay $50000.00 WITHOUT any copies of legal bill. The bank claimed legal bill of $50000.00, My legal bill from an attorney I was forced to hire to defend this unnecessary action was less than $14000.00.

BBVA Compass customer in Arizona
May 07, 2015

* Source: CFPB Complaint Database

BBVA Compass response to complaint:
Closed with explanation

Consumer disputes how BBVA Compass handled their complaint

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