Arizona, D.C. – Today the user Economic Cover Agency (CFPB) got action up against Michigan-oriented Flagstar Financial having violating new CFPB’s the financial upkeep laws of the dishonestly blocking borrowers’ tries to help save their homes. At every step in new foreclosures rescue processes, Flagstar hit a brick wall individuals. The financial institution grabbed continuously time for you procedure borrowers’ applications to possess foreclosures recovery, don’t share with consumers whenever its applications have been partial, rejected financing changes to accredited borrowers, and you may dishonestly delay finalizing long lasting loan changes.
