Nationstar Mortgage Debt Collection Complaint

Mortgage Taking/threatening an illegal action threatened to sue on too old debt

Nationstar Mortgage Debt collection department,

Mortgage Taking/threatening an illegal action Threatened to sue on too old debt Texas

Nation Star Mortgage has threatened me with enforcement of a fraudulent document and claims full deniability of open record documentation at the - - Appraisal -. In a letter dated -/-/-, Nation Star states the following, " We have conducted an investigation, and it was determined the error asserted within your correspondence did not occur. " Nation Star threatened the legality of my claim by stating, " After further review, we have determined the subject loan remains in full force and effect, and we will continue to service the loans in accordance with the valid, binding documents that you signed at the time of origination. " ANY search inquiries on the " common causes for mortgage fraud '', ALWAYS listed an inflated appraisal in the top - if not the top - or - causes for violation. The FTC, FDIC, CFPB and Attorney General 's office all state the same. I encourage you to do the - search yourself to confirm my open record findings from multiple agencies and sources.


to a - ( - ) bedroom in -. This is in FULL contradiction to the deniability of Nation Star. On - -, - - - of - - - submitted a - fair market value of $130000.00 without deductions for " Diminished Site Utility, Functional Obsolescence '' and the other substantial discrepancies cited by - - in the - Retro Appraisal. The - provided by - combined with the - Retro Appraisal were audited by - -, -, -, who then reclassified the property as a - Bedroom. Again, not until the - audit was the property classified as a - bedroom. The City - -, - Appraisals, and - -, ALL TALCB licensed appraisers in the State of Texas differ from the Nation Star opinion. The - - - reviewed the - appraisal and reclassified the property as a - acre lot with - acres at a 90 % devaluation to account for the " Diminished Site Utility '' I now no longer have a full - acre property to compete with as sold to me and collateralized for my loan. The - - - reviewed the - appraisal and reclassified the property as a - bedroom home instead of the previously described and collateralized - bedroom home to account for the " functional obsolescence. " I now no longer have a - bedroom home to compete with as sold to me and collateralized for my loan. The - - - reviewed the - appraisal and reduced my taxes from $240000.00 down to $140000.00 a reduction of over $100000.00 as a result of the diminished site utility and functional obsolescence NOT noted on the original - appraisal. - Expert, - - reviewed the - appraisal and stated that the appraisers that conducted the appraisal in - committed open violations of the Texas - Licensing and Certification Act, committed serious violations of USPAP guidelines and committed Deceptive Trade Practice Act violations that influenced me into engaging in a residential mortgage transaction. Nation Star Owes Me over $90000.00 in stripped equity plus miscellaneous damages to seek recovery

Nationstar Mortgage customer in Texas
Oct 27, 2015

* Source: CFPB Complaint Database

Nationstar Mortgage response to complaint:
Closed with explanation

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Contact Nationstar Mortgage

https://www.nationstarmtg.com/
888-480-2432
[email protected]
PO Box 619098
Dallas TX 75261
Nationstar Mortgage
Nationstar Mortgage

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