Conventional adjustable mortgage (ARM) Settlement process and costs
SunTrust Bank Mortgage department,
Conventional adjustable mortgage (ARM) Settlement process and costs California
This is an addendum to case number - which was filed yesterday, -/-/2015. We believe the Suntrust Mortgage Company has intentionally delayed our short sale process to allow our mortgage to reset. We had all paperwork in and had been approved for the short sale. Our mortgage resets - -, 2015, and increases from approximately $1200.00 to $2400.00 per month. We can not afford the $1000.00 increase. The agent has acknowledge receiving all documents on time, and that someone in Suntrust dropped the ball ''. They are requiring us to resubmit all documents because of their errors resulting in Stale dated '' documents. These delaying practices seem ominously similar to the actions of - which the CFPB and Federal Trade Comission which you took serious action against -/-/-, fining them - in restitution and - in civil money penalt for it 's illegal action.
SunTrust Bank customer in California
Jul 24, 2015
* Source: CFPB Complaint Database
SunTrust Bank response to complaint:
Closed with non-monetary relief
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