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Report: #1139348

Complaint Review: Walter Mortgage Co - Birmingham Alabama

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  • Reported By: Rennabelle — Ripley Oklahoma
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  • Walter Mortgage Co 3000 Riverchase Galleria Birmingham, Alabama USA

Walter Mortgage Co Jim Walter Homes Beware, those who had Jim Walter Homes build you a home and/or financed your mortgage thru Walter Mortgage. We are finding out years later that they put a lien on our house for double what they mortgaged for us. Birmingham Alabama

*Consumer Comment: Clearance of the Lien

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   We are in the process of refing our home and are finding out some very disturbing facts about Walter Mortgage Co. 

   Our buying and building process was a rocky one so we shouldn't have been surprised when we found out that Walter Mortgage didn't put both of our names on the title.  We also just found out that there is lien on our property for over 200K, put there by Walter Mortgage, when we only financed 119K with them. 

   The saga is ongoing and hopefully it can be sorted out without too many hoops to jump thru.

   I wanted to add my issues to the long list I found here at Ripoff Report and forwarn people that there are still lingering issues with a company that rightfully went out of business but did not die!

This report was posted on Ripoff Report on 04/16/2014 12:14 PM and is a permanent record located here: https://www.ripoffreport.com/reports/walter-mortgage-co/birmingham-alabama-35244/walter-mortgage-co-jim-walter-homes-beware-those-who-had-jim-walter-homes-build-you-a-ho-1139348. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#1 Consumer Comment

Clearance of the Lien

AUTHOR: Shawanda - ()

POSTED: Saturday, July 26, 2014

I have encountered the same problem with a lien exceeding the purchaced price. I was wondering if that issue was resolved, if so, what steps did you take in resolving the matter?

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