Conventional adjustable mortgage (ARM) Settlement process and costs
SunTrust Bank Mortgage department,
Conventional adjustable mortgage (ARM) Settlement process and costs California
The mortgage company sent us a letter of approval for a conditional short sale, then dropped the ball and wanted us to resubmit all paperwork. All documentation was presented in a timely fashion well before any deadlines. The mortgage agent told our sales agent that someone in the company had dropped the ball because of the - of - holiday, yet I received a denial letter stating the conditions of the sale were not met. The price offered was too little, yet was equal to the counter offer the mortgage company had demanded. My sales agent was shocked when I sent her a copy of the denial letter because it had the mortgage agent signature on it, not some other department. After many calls and emails the agent and her supervisor have not responded. All calls are suposed to be recorded, and we have documentation of all emails sent and received.
SunTrust Bank customer in California
Jul 23, 2015
* Source: CFPB Complaint Database
SunTrust Bank response to complaint:
Closed with non-monetary relief
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