PNC Bank Mortgage Complaint

Conventional adjustable mortgage (ARM) Loan modification,collection,foreclosure

PNC Bank Mortgage department,

Conventional adjustable mortgage (ARM) Loan modification,collection,foreclosure Florida

My hardship involves a variety of factors. My hardship was triggered with job layoff several months ago. It was compounded by with me having to move from - to - to find new employment. While the factors above are indeed significant, they pale in comparison with the biggest hardship of all. Despite making mortgage payments for approximately 10 years, I have absolutely NO equity to show for it. This has been a lopsided agreement, PNC has reaped all the financial benefits and I have n't shared in any of the harvest. I 'm underwater by $ -. This is based on - - market analysis assessment. Over the years, I have paid PNC - dollars for this property with absolutely nothing to show for it. A reasonable person would call this insanity and financial suicide. If PNC were in my situation, they would find this difficult to endure. Through no fault of my own, I find myself in this nightmare situation. As you know, the Banking Industry, Mortgage Companies, Investment Houses, -, and Rating Agencies worked in concert to cause the Housing Crisis. The product of your efforts resulted in - - citizens like me having nightmare mortgage situations. The US Government bailed out - - and the Banking Industry and for the most part left - - out in the cold. PNC predecessor company, - - - - - -, played a prominent role in this nightmare. PNC purchased my original loans from - - -. - - - track record for bad mortgages is well documented and resulted in Class Action Lawsuits. Minorities like me were particularly hard hit with these bogus mortgages. Citizens like me have suffered far too long without any help, despite our pleas to Banks, HARP and other agencies. I urge PNC to please take this opportunity to do what is right and change this course of destruction. Let 's get this done.

PNC Bank customer in Florida
Sep 05, 2015

* Source: CFPB Complaint Database

PNC Bank response to complaint:
Closed with explanation

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