Conventional adjustable mortgage (ARM) Settlement process and costs
Specialized Loan Servicing LLC Mortgage department,
Conventional adjustable mortgage (ARM) Settlement process and costs Maryland
My original loan amount was $300.00. Somehow after a loan modification, the mortgage company added more or less another - to my principle. I had filed for a hardship case, asking for a making home affordable loan. My late husband was in charge of our finances at the time. I have researched and can not find any reason for such an enormous amount of money being added to my principal. - person I spoke with from - - bank said she had never heard of an amount being " increases to the mortgage '', but had only heard of amounts being " reduced, or deducted from mortgages '' .This increase has caused the house to cost more than actual worth, an upside-down situation. If I sell my house I will lose money. This is an absolute injustice. This is not a " - - - '', it is the government bailed-out bank- it 's consumers, and possibly getting away with it. I noticed when I made inquiry with -, they had particpated in the home affordability act, but sold my loan or note to another bank soon after 2011. I was a tax paying citizen trying to avoid foreclosure. Now I am in a much worse predicament. I have attached some documents pertinent to this complaint.
Specialized Loan Servicing LLC customer in Maryland
Apr 08, 2016
* Source: CFPB Complaint Database
Specialized Loan Servicing LLC response to complaint:
Closed with explanation
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