Santander Bank US Mortgage Complaint

Conventional fixed mortgage Loan modification,collection,foreclosure

Santander Bank US Mortgage department,

Conventional fixed mortgage Loan modification,collection,foreclosure Massachusetts

I have been trying to obtain a loan modification for nearly a year and a half. I was repeatedly stonewalled with false investor guidelines that did not exist. Once I was able to prove that the supposed guidelines of MHP did not exist. I was offered a loan modification on both of my loans. I signed the loan modification agreements as instructed and sent them to Santander. Shortly after I received word from Santander that they would not honor the loan modification that they had arranged. Instead they wish to raise the payments on my second mortgage from the - to - On my limited fixed income this now becomes unsustainable. Throughout this process I have been stonewalled, been given false reasons for my denials, been spoken down to by the servicer, and been given incorrect information. I was only able to receive the loan modification offers through the help of multiple elected officials and the Massachusetts Attorney Generals Office. Now Santander gets me to sign one set of documents, and then throws me yet another curveball. I need assistance with this. I could not get away with changing prices after someone had signed a contract with me. Please help.

Santander Bank US customer in Massachusetts
Oct 23, 2015

* Source: CFPB Complaint Database

Santander Bank US response to complaint:
Closed

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