Astoria Bank Mortgage Complaint

Conventional fixed mortgage Settlement process and costs

Astoria Bank Mortgage department,

Conventional fixed mortgage Settlement process and costs New York

I am refinancing my coop mortgage. With a coop the collateral is the stock. My current lender, Astoria Federal, possess the stock. My new lender, - -, has requested the stock from Astoria on - -, 2015. It typically only takes about a week to transfer the stock but as of today ( almost four weeks later ) - has not confirmed if/when they will transfer the stock. I have already paid over $1000.00 for fees relating to this refinance and further delays will add additional cost to me. I have contacted - Federal, their mortgage service company ( - ) and the attorney representing Astoria - -, -, - - -, - - and no one has been able to confirm the location of the stock or how to retrieve it.

Astoria Bank customer in New York
Dec 01, 2015

* Source: CFPB Complaint Database

Astoria Bank response to complaint:
Closed with non-monetary relief

Created with Highcharts 4.2.3Astoria BankComplaint HistoryComplaints6/20127/20123/201510/201512/201500.250.50.7511.25Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3Astoria BankSettlement process and costs60.0%40.0%Closed with explanationClosed with non-monetary reliefSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageSettlement process and costs0.4%6.3%5.3%1.1%2.8%6.4%76.1%1.5%Untimely responseClosed with non-monetary reliefClosed without reliefClosed with reliefClosedClosed with monetary reliefClosed with explanationIn progressSource: Consumer Financial Protection Bureau

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