Usacomplaints.com » Business & Finance » Complaint / Review: Fannie Mae - Unfair practices regarding foreclosures. #639160

Complaint / Review
Fannie Mae
Unfair practices regarding foreclosures

Throughout the whole procedure for the foreclosure on our house and following foreclosure, issues did seem or feel just like we were being handled pretty not as morally.in the beginning we were informed from the lawyers for Fannie Mae that people just had a need to create the mortgage entire to obtain our home back. We guaranteed way to this and informed the lawyers office since nobody may talk immediately using the omnipotent Fannie that people had the means along with a lender to assist us create the mortgage total. The lawyer allegedly submitted this data to there customer however the following day we'd our possessions place onto the road. The very first cause we received was it had been to overdue but later transformed their (lawyer) tale to express they didn't believe we truly had the cash despite the fact that the financial institution was the one which knowledgeable Fannie Mae we're able to. Bank of America, the original mortgagor, returned following a criticism was drenched using the OCC that today desired to modify our mortgage till they found we'd been foreclosed and evicted. The Home Manager, Area Assest Sevices, informed my dad he might buy the home after it continued the marketplace today 40 thousand bucks significantly more than we initially owed. After he created the present they returned and informed him he couldn't simply because they considered him a which he's just attempting to assist us. Additionally, the neighborhood agent for that Home manger, Trey Ellis, conveinently actions in everytime we appear near to quality. It's our perception this really is easy greed by all of the events provided the truth that we'd nearly 80 thousand bucks worth of collateral within our house when this occurred. We merely got behind on our funds, selected to not report bankruptcy, and wanted to achieve aid from our lender at first but below we're left to combat the thieves our chosen leader informed us might and really should use us.


Offender: Fannie Mae

Country: USA   State: Tennessee   City: Gallatin

Category: Business & Finance

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