U.S. Bancorp Mortgage Complaint

Conventional adjustable mortgage (ARM) Loan modification,collection,foreclosure

U.S. Bancorp Mortgage department,

Conventional adjustable mortgage (ARM) Loan modification,collection,foreclosure Minnesota

Statement from our Listing Agent : - -, The - - -. We initiated a short sale -/-/2015 with US BANK. At no time were we informed by US Bank that a sheriff sale was in the process of being scheduled for end of - -. Owners were served a sheriff sale notice -/-/2015. A complete file, which includes all required and requested documentation, including an appraisal ( ordered and completed by US Bank ) was confirmed as being received with file being moved to processing on -/-/2015. This is after numerous times where documents were sent and confirmed as received by US Bank and later re-requested. On -/-/2015 I sent an email and was able to reach our assigned contact manager - -. She did not give me a reason as to why the sheriff sale could not be postponed, she did say she would check with her supervisor on getting file accelerated which should allow us to proceed with short sale in the event we are not able to close prior too. She went onto say she was n't sure if the file would qualify for acceleration which I found perplexing due to this new imposed timeframe and


). On -/-/-, - called ( potentially an auto dial or required scheduled call ), it appeared she needed to familiarize herself with the file and had no updates for me aside from that she felt a short sale would n't get done in time? I asked her if file had been accelerated and she said no and furthermore we had also not been assigned a processor or negotiator. This is week 4 that nothing has happened on file since confirmation of complete package was received, except for US Bank to serve owners with a sheriff sale notice. It was disconcerting at the lack of familiarity she had with file when she advises she is only point of contact. She would not provide contact information for the processing department but did elect to share that her supervisor - - sits right next to her.

U.S. Bancorp customer in Minnesota
Dec 23, 2015

* Source: CFPB Complaint Database

U.S. Bancorp response to complaint:
Closed with non-monetary relief

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Contact U.S. Bancorp

http://www.usbank.com/
(800) 872-2657
[email protected]
800 Nicollet Mall Ste 200
Minneapolis MN 55402
U.S. Bancorp
U.S. Bancorp

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