Nationstar Faces Allegations of Foreclosure Fraud, Again

“I don’t understand it. I never missed a payment. I don’t have a house anymore.”


Nationstar Faces Allegations of Foreclosure Fraud

A Shelby County Circuit Court lawsuit and government records revealed a pattern of fraud allegations against mortgage-servicing company Nationstar Mortgage.

The WMC Action News 5 Investigators launched an investigation of the Dallas-based mortgage-servicer after it foreclosed on the Cordova, Tennessee, home of Linda Howard. Howard and her husband had owned the home since 1998. Her attorney Kevin Snider produced records that proved Howard never missed a payment since Nationstar Mortgage started servicing her mortgage in 2011.

Also according to the records, Nationstar Mortgage suddenly started refusing her monthly payments in February of this year. From February to May, the company sent her payments back with statements posting thousands of dollars in unexplained fees like “property inspections” and “disbursement insurance.”

“I wrote them. I called them. And I got no response,” Howard said.

Snider said Nationstar Mortgage kept returning Howard’s payments and kept ignoring her requests for explanation of the fees until it foreclosed on her house in May, then sold it at auction. “Nationstar improperly foreclosed on the property,” Snider said.

Snider filed a lawsuit on Howard’s behalf in Shelby County Circuit Court. The suit alleges Nationstar Mortgage committed negligence, fraud, breach of contract, breach of the implied consent of good faith and fair dealing, violations of the Tennessee Consumer Protection Act and unjust enrichment based on “…improper, inaccurate and fraudulent representations” of “…improper or excessive late fees” designed to force the Howards into foreclosure “…so that (Nationstar Mortgage) could acquire the property with its large equity at a bargain basement price.”

More here…


7 Responses to “Nationstar Faces Allegations of Foreclosure Fraud, Again”
  1. Cheryl Mann says:

    We are a victim as well. We tried for a decent modification but all they did was increase our payment knowing we could not make it and then we did not know that They Westwood Legal, West H & A and Patrick Soria was a SCAM and we thought they had bought our loan and we still got foreclosed on and we begged Nationstar to help us and they refused yet they wanted our informaton for Jered Ede with HH Law to file a lawsuit against West H & A and Patrick Soria. If they knew we were scammed why did they not callback the sale due to the scam and help us??? I tell you why, a foreigner bought it for $90K more than we owed and they were to make more money. They are crooks and the Judges and Lawyers work with them. What did they make from us loosing our home?

  2. dawn m Casey says:

    Nationstar, now Mr Cooper claims “we have your back” to which i posted, “yeah, your back-yard, frontyard and entire home. I tried to modify my loan and had to submit docs. ten different times to these pigs, In the end they wrote that I was denied as “the owner, Bank of New York Mellon does not participate in loan mods” I was thunderstruck but the gall of these animals and wrote to the “owner” asking why do you not participate in doing loan mods.?” They wrote back to me, stating we are trustee only and do not own your loan and have no say in the modification or foreclosure process on your property. I hired a Private Det who told me he would fine the name of the “true owner” so he made phone calls to many departments in Nationstars web of deception and when he had rangled a customer rep willing to do a three way call and provide the “owner”, we did the three way call, she provided a phone number of the “true owner” I called it and guess who answered??? Nationstar Mortgage, how may I help you?? I went crazy on this rep, screamed at the top of my lungs that I was never sending these liars another dime and I would see them in court. Fast forward three years and Nationstar, using an illegal POA assigned loan to US Bank as trustee for a new trust, after someone removed all traces of original assignment to BONY, then US BANK as trustee, files a foreclosure complaint against me on NO authority and in the midst of this foreclosure process, US Bank claims they sold the loan to Wilmington Savings Fund Society dba Christiana Trust not in its sole capacity but as trustee for Pretium Mortgage Acquisition Trust attorney in fact. Are these people crazy with greed. The judge saw the fatal flaws in the note the presented as evidence and dismissed summary judgement, now I am gathering tons of evidence by pure research, I found the assignment to Nationstar filed w/county recorder was signed by a mailroom clerk and that National Title Clearing created the document. A BLoomberg audit showed my note in 7 tranches (bifurcation ) and that the trust was paid in full. My min (mortgage identification no with MERS was inactivated also a sign that the loan was paid in full. The morons at Nationstar “sold” servicing rights to the bottom feeder Rushmore Loan Management who had one of their minions sign an attestation as to the validity of the documents submitted and right to pursue foreclosure so I looked this idiot up on LInkedin and wrote him an email and told him that he perjured himself and I was going to prove it to the court and how the company that employed him was using him as a pawn to commit fraud upon the court. He rescinded his attestation leaving the foreclosure mill attorney’s from Buckley Madole with no other moron to sign off on their fraudulent docs for court. The case is set for hearing in April of 2018, in the meantime I am paying an attorney an outrageous retainer fee, every month, and he isn’t doing anything I ask of him. FIle a quiet title action, file a lawsuit, do something, it is obvious that this is entirely fraud based and I have proof of it. If anyone live in NJ and knows of a good litigator in foreclosure I would appreciate a shout out referral. Thx. You can email me at d.casey

  3. M says:

    They sent us foreclosure papers after never returning calls about a modification. 2 months later we are going in foreclosure because they ignored a modification? How is this ok! I tell you what we will go to the news and send letters to congress. We aren’t going quietly

  4. I believe I have been a victim of Nationstar as well. I tried several times to apply for a modification. I must have received 10 different answers as to why I wouldn’t qualify. Then they wouldn’t return calls or emails. They offered me a forbearance agreement in the amount of 5,000/month for 6 months!! I only owed 62k on my home. They had it appraised for far more. Then just bought it back for 52k!!! How is this even possible??? Now I have no home and I am in disbelief they are even allowed to practice this way!!

    • Gary grove says:

      Same thing happened to us

    • ali says:

      They were up to the same thing with us as they did to the people in this article. We paid over 10k to reinstate I guess tomorrow at the Auction I’ll see what they try to do. We Will have off duty police with us with on duty ready to arrest anyone bidding on our house because lets face it it’s the mortgage company not individuals. We had 3 houses on our street abandoned for 7+ years those gotta be cheaper lol but can’t control when things go to foreclosure or uauction that they don’t own…

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