Mortgage -- Struggling to pay mortgage -- Complaint #7824551
Complaint Overview
Complaint ID: 7824551
Company: Michigan Mutual, INC.
Product: Mortgage
Sub-Product: FHA mortgage
Issue: Struggling to pay mortgage
Sub-Issue: An existing modification, forbearance plan, short sale, or other loss mitigation relief
State: Michigan
ZIP Code: 48060
Date Received: 2023-11-08T12:00:00-05:00
Date Sent to Company: 2023-11-17T12:00:00-05:00
Company Response: Closed with explanation
Timely Response: Yes
Consumer Disputed: N/A
Submitted Via: Web
Tags: Older American, Servicemember
Consumer Narrative
I am currently one month behind and have been sending in extra on each payment to get myself caught up. Their loss mitigation department would only offer a 40 year loan modification raising my interest rate from 2.5 % to almost 8 %. I don't see where one month behind in payments constitutes the mortgage company making hundreds of thousands on a XXXX payment.
Frequently Asked Questions
What is Complaint #7824551 about?
Complaint #7824551 was filed against Michigan Mutual, INC. regarding Mortgage specifically about Struggling to pay mortgage. It was received by the CFPB on 2023-11-08T12:00:00-05:00.
How did Michigan Mutual, INC. 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 Michigan Mutual, INC.?
Yes, visit the Michigan Mutual, INC. company profile at readthecomplaint.com/company/michigan-mutual-inc 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.