PNC Bank Mortgage Complaint

Conventional fixed mortgage Loan modification,collection,foreclosure

PNC Bank Mortgage department,

Conventional fixed mortgage Loan modification,collection,foreclosure New Jersey

I recently be came informed of the National City Bank settlement, which charged - and - borrowers higher prices on their mortgage loans between -/-/--/-/-. According to the National City Consent Order Administration, I was told today that since my name and address was not listed, therefore, I was not sent a form package to submit by their deadline - -, -. It seems that both National City Mortgage omitted me from their package information distribution settlement ; although I paid 6.75000 % interest in -/-/- and in -/-/- paid 8.7500 % on a fixed mortgage according to my print outs from their website. During this period, multiple changes of account numbers, multiple payments to National City Mortgage and countless issues. All long, PNC Bank, negotiated the acquisition of National City Mortgage purchased in -/-/-, but did not reveal itself until - - or -/-/- to its ' borrowers. And I am facing Foreclosure under PNC Mortgage with no relieve in -/-/-. As for the settlement, if the borrowers were not made aware of the settlement by National City Mortgage and PNC Bank was fully aware of this response time frame as well ; why was this information not disclosed to all borrowers. It seems that non-disclosure limited their liabilities to select who they were reimbursing the - settlement. Why was I not informed nor participated in this settlement.

PNC Bank customer in New Jersey
Jun 30, 2015

* Source: CFPB Complaint Database

PNC Bank response to complaint:
Closed with explanation

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