I am a "flagSHAFT bank" customer, I would like to make a comment about "flagSHAFT bank"! I have asked them for help in the past, they did not come through for me, I will let it be known I am very financaily literit, cannot spell great, but I am sure of this, I can make a point!
There is a custommer I stole a line from his name is Michael Mc that is were I Got the term "Short Sale Shovel" I would like to say to all "flagSHAFT bank" customers, I know you are reading this complaint because of one of the following reasons, you asked for a modification they would not do it! because they always have a reason why they cannot do it, there reply kind of goes like this you signed a contract live up to it. But what they don't tell you is they signed a contract with foren countrys to borrow money that they committed fraud, this is how they did it, they sold them junk bonds rated Tripple AAA-Real-Estate when there real value was Class-D or lower, but yet they want to hold you to your contract, and not give you a Modification,,,Is this fair when they committed fraud to borrow the money in the first place? I do not think so.
But yet they will not Budge!
I have also read from customers they tell them to be 90-days late before they will help, what is that all about, they still don't help!,,,Then they want you to "Short Sale" that only Helps "flagSHAFT" because they cannot sell the loan to another bank, they are stuck so they ask you to sign over the house in a "Short Sale" so they can recover there "Stolen Money" you get nothing but bad credit when they say it helps you and it does not believe me they will say anything to have you right off on the loan they are snake salemens. Do not Sign Off live there sa long as you can, get dragged out if you have to but do it, also remember this if you lieve on your own you can't get an apartment because your credit is no-good, so your only extra time to live for free is stay were you are and play "Dum Like Ms.Baker from flagSHAFT bank use the same aproach that they use Dum is Good"!
Review about: Flagstar Bank Mortgage.