Mortgage -- Struggling to pay mortgage -- Complaint #7524669

Complaint Overview

Complaint ID: 7524669

Company: Mortgage Research Center, LLC

Product: Mortgage

Sub-Product: VA mortgage

Issue: Struggling to pay mortgage

Sub-Issue: Applying for or obtaining a modification, forbearance plan, short sale, or deed-in-lieu

State: Georgia

ZIP Code: 30013

Date Received: 2023-09-09T12:00:00-05:00

Date Sent to Company: 2023-09-09T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Tags: Servicemember

Consumer Narrative

I, XXXX XXXX ( maiden name Banks ) have been in forebearence with my mortgage with Veterans United since XX/XX/XXXX. I received documentation in XX/XX/XXXX from Veterans United that my forebearence was about to end and to complete required paperwork. I completed the XXXX XXXXXXXX XXXX XXXXXXXX to keep my home at the end of XX/XX/XXXX. I sent the XXXX XXXX XXXX XXXX certified ( USPS XXXX XXXX XXXX XXXX XXXX ) and it was received XX/XX/XXXX. I waited for my application to be processed and did not receive anything. I finally reached out via DM on XX/XX/XXXX and Veterans United replied on XX/XX/XXXX, that I could view the status of my modification online. I attempted to search for the status and it was nowhere the rep advised. I finally received a certified letter on XX/XX/XXXX and it was a demand letter stating that I must pay the amount of {$19000.00} in full by XX/XX/XXXX. I called and spoke with XXXX XXXX at XXXX XXXX XXXX on XX/XX/XXXX and she informed me that they are demanding the full amount because they never received a response back from the documentation that was sent in XXXX. I told her I in fact sent it back, certified! XXXX confirmed that the application was received and uploaded in their system on XX/XX/XXXX and was just never processed!! She advised I could re-fill out the app online to receive a quicker response. I had no clue as to why I would have to do the same form again as they had already had the form I sent. Per page 3 in the form, if you have a reduction of income or change in income, no documentation is required. They never requested anything from me at all. I never received a decision at all as well, so how can they demand the arrears? This is clearly a violation. I was not informed of this being a violation as XXXX requested that I just complete the application again. No fault was admitted at all.

Frequently Asked Questions

What is Complaint #7524669 about?

Complaint #7524669 was filed against Mortgage Research Center, LLC regarding Mortgage specifically about Struggling to pay mortgage. It was received by the CFPB on 2023-09-09T12:00:00-05:00.

How did Mortgage Research Center, LLC respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Mortgage) and describe your issue in detail.

Can I see other complaints against Mortgage Research Center, LLC?

Yes, visit the Mortgage Research Center, LLC company profile at readthecomplaint.com/company/mortgage-research-center-llc to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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