Nationstar Mortgage Mortgage Complaint

Home equity loan or line of credit Loan modification,collection,foreclosure

Nationstar Mortgage Mortgage department,

Home equity loan or line of credit Loan modification,collection,foreclosure North Carolina

Nationstar Mortgage purchased my loan from - - and ever since the loan was taken over by them I have received numerous statements showing different amounts owed. My husband passed away -/-/- and my - was reduced by more than -. I am on a fixed income and this has made it difficult to maintain all of my expenses because of the funeral expenses and I am now running - payment behind on my mortgage with Nationstar. I applied for a loan modification to help bring my loan current in -/-/-. I was denied in - on the basis of not showing enough income to support a modification. When we contacted Nationstar to review the reason for denial and they stated that the underwriter based the decision on my net Social Security ( after medicare is deducted ) instead of on my gross income. When asked why I was reviewed based on net instead of gross, they stated that they review each loan differently and I could not be reviewed based on my gross income. We requested other workout options and they stated that I would have to wait - months to reapply.

Nationstar Mortgage customer in North Carolina
Jun 09, 2015

* Source: CFPB Complaint Database

Nationstar Mortgage response to complaint:
Closed with explanation

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Contact Nationstar Mortgage

https://www.nationstarmtg.com/
888-480-2432
[email protected]
PO Box 619098
Dallas TX 75261
Nationstar Mortgage
Nationstar Mortgage

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