Complaint Review: CHAMPION/NATIONSTAR - Dallas Texas
- CHAMPION/NATIONSTAR Dallas, Texas United States
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- Category: Mortgage company
CHAMPION/NATIONSTAR Preditory, Deceptive,Fraudulated,and Unethical Dallas Texas
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My Dad was coerced into a Reverse Mortgage because of excessive medical bills. He was assurred that because he had a Truse leaving me the house and I was 62 that there would be "no problem changing the mortgage into my name" FRAUDULATED. When he passed away I was notified by them that I had 30 days from his death ( Jan 2 and this was the 29 of Jan) to PAY IN FULL the loan UNETHICAL and unrealistic. They began sending registered letters, sending people around to check out the house, and made intimating phone calls.
I finally had to sell the house after being threatened with foreclosure. In just barely 5 years over $130,000.00 strickly in interest. it is interest on interest on interest PREDITORY. Oh, and FYI there is only 1 Reverse mortgage company in the country...CHAMPION. The bank is in Dallas Texas and it NATIONSTAR/CHAMPION. Nationstar handles "loan modifications" and Champion handles "reverse mortgages" You have gotten your loan from B of A, Wells Fargo, Met Life, Citi...but the fact of the matter is that they are only "fronting" for Champion. Somewhere in the loan process your loan will be "sold" to Champion DECEPTIVE. If there is a class action law suit out there that I can get into please point me in that direction.
This report was posted on Ripoff Report on 10/20/2018 04:45 AM and is a permanent record located here: https://www.ripoffreport.com/reports/championnationstar/dallas-texas/championnationstar-preditory-deceptivefraudulatedand-unethical-dallas-texas-1465092. 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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