Conventional fixed mortgage Settlement process and costs
Fidelity National Financial, Inc Mortgage department,
Conventional fixed mortgage Settlement process and costs Colorado
We purchased a home in -/-/- ( - ) - which was previously a short sale. All liens were supposed to be released by the title company - ( now owned by Fidelity Title Co ). When we refinanced in -/-/- we found out that the liens had NOT been released and that - liens totalled $1.00 mio. ( # - lien : -, # - lien : -, # - lien : - mio ). We were able to clarify the - smaller liens but the largest liens has not been removed. The lien holder will not release this lien as the previous owner owes still so much money that they have not much else to leverage and therefore want to hold on to our home. -/Fidelity Title has refused to take any action as we have officially not sustained any damages ''. Recently, the lien holder threatened to foreclose on our house. While the title company assures us that we are insured in the amount of the purchase price ( what about the equity that we have built up in the mean time? ), it is very disturbing that they have not released the lien when it was supposed to be released. This now, threatens our family to lose their home with no fault of their own. I am horrofied. Whenever you purchase a home, please make sure that all previous liens have been properly released.
Fidelity National Financial, Inc customer in Colorado
Jun 01, 2015
* Source: CFPB Complaint Database
Fidelity National Financial, Inc response to complaint:
Closed with explanation
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