• Report: #177966

Complaint Review: Flagstar Bank

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  • Submitted: Friday, February 24, 2006
  • Last Posting: Wednesday, March 01, 2006
  • Reported By: — Plymouth Michigan
Flagstar Bank
30400 Telegraph Rd Ste 200 Bingham Farms Michigan 48025-5822 U.S.A.

Flagstar Bank ripoff Bingham Farms Michigan


1Author 2Consumer 0Employee/Owner

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Flagstar Bank gave my boyfriend and I a mortgage for 85k on a house that was worth 15k. Plus it wasn't the house we were looking to buy.

They checked the credit and knew that we had bad credit and filed bankrupty 2 years before and had not established any credit since.

We told them this up front. Yet when we got our a copy of our loan application from them, it Was a great fictional work. The only thing on it that was correct was his name, birthdate, and Social Security number.

Now, cause we said that it was fraud and that we were not going to pay them anything, they are trying to sue.

We are a little better off than some because I got the FBI working on this as well as the Attorney General's office of Michigan.

If you are in Michigan or the US for that matter contact the office of John Gillies (FBI) 313 965-2323 Because this is a nationwide investigation.

Michelle
Plymouth, Michigan
U.S.A.

This report was posted on Ripoff Report on 2/24/2006 6:52:19 PM and is a permanent record located here: http://www.ripoffreport.com/mortgage-companies/flagstar-bank/flagstar-bank-ripoff-bingham-f-665p6.htm.

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REBUTTALS & REPLIES:
1Author 2Consumer 0Employee/Owner
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#1 Consumer Suggestion

Say What???????

AUTHOR: John - White (U.S.A.)

SUBMITTED: Saturday, February 25, 2006

Are you telling me that a bank gave you 85K in cash for a 15K house? You say the application was a fraud but did you sign it?

Where is the money from the mortgage because they either gave it to you or the person that sold you the house?

It sounds like you may be trying to rip off the bank here because there is no way bank would loan 85K on a house worth 15K.
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#2 Consumer Comment

Sounds bad but it is true

AUTHOR: M - Plymouth (U.S.A.)

SUBMITTED: Wednesday, March 01, 2006

Tried to tell them that the application they recieved was false. The money went to the mortgage broker and the seller. before Flagstar took over the loan
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