CIT Bank National Association Mortgage Complaint

CIT Bank National Association Mortgage department,

Reverse mortgage Loan modification,collection,foreclosure Oregon

I got a reverse mortgage in 2005 to pay off a previous reverse mortgage and get funds to help my granddaughter who had -. I previously also had a property tax deferral through my state of Oregon. After the reverse mortgage was completed I reapplied to defer future property taxes. I pay my own property insurance. Something went wrong and the property deferral was delayed for two years and because of this the reverse mortgage company paid the delinquent taxes. After many calls from the reverse mortgage company ( Financial Freedom ) we agreed on a repayment plan of $10.00 per month. That was deducted from my bank account for a number of years. The reverse mortgage company then claimed it was taking too long to pay off the balance


We agreed on the $25.00 per month so I am holding them to this agreement, but I am concerned they will start foreclosure on my home. I am low income, living on social security. I am - years old. I need help to resolve this situation and stop the threatening calls which are stressing me out and causing - problems. I have - - - and do n't need additional stress. I would appreciate any help. thank you, - -