I went to flagstar to ask for assistance because I purchased a forclosed property that ended up having extensive water damage costing me considerably more than the cosmetic fixes and they said all they could offer me was for me to pay one and half months payment for 6 months. As the time of my request there were several other programs that I qualified for that they did not even mention.
Flagstar took over a year to give me a modification decision and then told me there was nothing that they could do when I have friends who were unemployed or making very little and their were approved for modifications by other banks. This is the worst bank in the world.
They are not interested in helping only in Forclosing and now I have had to file for bankruptsy and ruin my credit just to keep my home. Does anyone know of a class action suit that we can join?
Product or Service Mentioned: Flagstar Bank Mortgage.