Nationstar Mortgage Mortgage Complaint

Reverse mortgage Loan modification,collection,foreclosure

Nationstar Mortgage Mortgage department,

Reverse mortgage Loan modification,collection,foreclosure Idaho

My mother 's reverse mortgage serviced by Champion Mortgage went into foreclosure for failure to pay taxes & homeowners insurance. When she finally told me what was happening I sent the loan servicer, Champion Mortgage, an authorization for me to access her account info ; it took them several days & multiple faxes for them to update the account & speak with me. After repeated calls I was only able to obtain a verbal quote of $18000.00 to cure the default - Champion refused to provide written breakdown of costs, nor written confirmation that the amount would stop the sale. I confirmed several times with - - - at Champion that $18000.00 was correct & on -/-/- I sent - cashiers checks totaling $18000.00 to their - MI office as instructed ; I sent it via overnight - & have - delivery confirmation for -/-/-. Since -/-/- I have called nearly every day to confirm account is current & to request breakdown of what the $18000.00 paid for. I have detailed notes of who I spoke with & when. - reps, - & -, were very professional & really did try to help me within the confines of their company,


It has been over 2 weeks & Champion has my mother 's - & are still proceeding with foreclosure. I spoke with the Trustee conducting the sale & they have not received notice to vacate the sale. I work in - & understand the system & still, I ca n't get this account cleared up, or even obtain an accounting of the money. How can an elderly person with no industry experience hope to sort things out? I know that a reputable loan servicer has no difficulty providing a written statement nor applying a default cure payment ; I deal with many lenders at work & know what to expect. This is beyond the pale. They also gave me a false foreclosure date of -/-/- to push me to send money quickly ; per the Trustee the actual sale date is -/-/-. Remember-this is a reverse mortgage, specifically for the elderly - there is no way that my mother would not stand a chance of getting this account cleared up & stopping the sale. I need help to force them to acknowledge the cure funds, stop racking up trustee foreclosure fees & provide an accounting ... please help.

Nationstar Mortgage customer in Idaho
Dec 14, 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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