PNC Bank Money Transfers Complaint

Domestic (US) money transfer Other transaction issues

PNC Bank Money transfers department,

Domestic (US) money transfer Other transaction issues Maryland

Recently, my daughter and I settled on a house she was purchasing for herself and I was selling on behalf of my parents ' estate. My now-deceased father had a reverse mortgage ; so, essentially, my daughter refinanced the home in her name. Throughout the process of my daughter obtaining a loan from her financial lender, the reverse mortgage company and it 's attorneys pursued foreclosure. During the process of attempting to take over the property and without the knowledge of the estate, the reverse mortgage company made a highly unusual payment of taxes on the property. As the personal representative over the estate, I also paid the taxes. I was later informed through the title company that the taxes were current through - 2016 and that the overage would have to be settled on the day of closing. However, instead of the title company - - - - of - - Maryland - remitting a check due back to me as the seller on behalf of the estate, - - - illegally credited the reverse mortgage company money including part of what the estate had paid. In an email message to the reverse mortgage company requesting the refund due


my daughter to send money to - - in order to close on the desired property. She also used her position to illegally falsify documents in order to credit the reverse mortgage company and finally made an unauthorized wire of funds to the reverse mortgage company that was due to the seller/estate. The actions of - - Company and/or it 's representatives lead me to question how many times they have falsified documents in hope and anticipation of the seller and buyer 's lack of knowledge. Please address this current issue with - - Company. Additionally, an audit of their previous records and dealings should be conducted.

PNC Bank customer in Maryland
Dec 09, 2015

* Source: CFPB Complaint Database

PNC Bank response to complaint:
Closed with explanation

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