- Report: #847213
Report - Rebuttal - Arbitrate
Complaint Review: NationStar Mortgage
NationStar MortgageLewisville, TX Lewisville, Texas United States of America
NationStar Mortgage Modification, Is it even in their vocabulary? Lewisville, Texas
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After 4 months of going through the process with NationStar, I was denied. I was later approved for a modification that was $300 higher than the original modification. I then requested that the modification be looked at again because there were changes in my income. Well this time I was denied and was told that I would have to accepted the terms of the Fannie Mae modification. Nov 1, 2011, I accepted the terms of the Fannie Mae Modification and started making the trial payments. I was told that after 3 months of trial payments, I would receive paperwork to complete so that my loan could be booked. After the 4th payment I received the paperwork. Upon completion of the paperwork, I returned it to NationStar only to get a letter form then 10 days later regarding the foreclosure process. A call to NationStar revealed that my forms were sent directly to Fannie Mae for review.
After 2 weeks of review, I have been advised that there was a resturture that took place in teh modification process therefore, I will have to start the process all over again. I have made made 4 payment at the original trial amount. I have made 2 payments at the increased amount( changes in escrow). HERE WE GO AGAIN!!!! I am beginning to believe that the modification process is designed to keep you in limbo. I am frustrated and ready to bail.
This report was posted on Ripoff Report on 03/01/2012 02:55 PM and is a permanent record located here: http://www.ripoffreport.com/r/NationStar-Mortgage/Lewisville-Texas-/NationStar-Mortgage-Modification-Is-it-even-in-their-vocabulary-Lewisville-Texas-847213. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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