Consumer complaint received 2018-09-07
Company: U.S. BANCORP
State: TX
Product: Mortgage
Sub-product: Other type of mortgage
Issue: Trouble during payment process

Complaint:
Us Bank has reported that I missed a payment for XX/XX/XXXX I did got on a payment plane they constructed but there is no temporary amendment for that I have agreed to or signed for it, They are reporting to all three credit reporting I have never made a payment to them since they bought my contract from XXXX XXXX and I have made payments then I sent XX/XX/XXXX payment like there agreements say the refused to take the payment and apply to the account but never return the money order to me. 
They keep reporting to credit every month for mist payments for XXXX and For XXXX but XXXX and XXXX have been paid. and the contract says they can report the payments to credit but USDA can report bad credit only after 4 missed payments and I have received 3 threatening foreclosure letters from US Bank but USDA can not be foreclosed on by US Bank it can by contract be foreclosed on for USDA guarantee loan by no one not even USDA they can garnish wages and assets other then the house by contract, Us Bank keeps changing my contract to meet there terms conditions and procedures. 
the law shows, Amendment of a Real Estate Contract. When a real estate purchase agreement or contract is executed, and the terms are accepted by both parties, it is a complete and binding document. ... It would require that the closing date in the original agreement be amended Modifying a Contract After Signing It Once a contract has been signed, then it typically can not be changed unless all parties to the contract agree to the modifications. 

There are many reasons why you might want to modify a contract. Those would include to : extend it ( for instance, lengthen a one-year contract by another six months ) shorten it ( perhaps end the relationship a few months early ) change the quantity of items that falls under the scope of the contract ( such as increasing the number of goods ) add additional scope to the contract ( such as the types of goods to be delivered ), or change the payment terms of the contract ( for instance, allowing installment payments ). 
Some written contracts may spell out how and when modifications can be made. For example, if you have a credit card, you signed a contract when applying for that card. The contract may have said that the credit card issuer could change the interest rate at its discretion. By signing the initial contract, you have already given the credit card issuer the right to make future changes. 

Or, for example, a sales contract with a vendor might state that all changes have to be agreed to, in writing, by the parties that signed the initial contract. In that case, you can not call the vendor, ask for price reduction, get verbal approval, and assume the vendor will follow through with the new pricing. 

If the contract doesn't address the issue of changes, you will need to talk to the other parties to the contract, make sure that they agree to the changes, then, to be on the safe side, add a rider ( additional section ) to the contract that addresses the changes. This rider should be signed by each party to the original contract. 

There may be instances where all parties to a contract are unable to come to agreement on changes. If that happens, you'll have to either live with the original signed agreement, walk away from the contact ( if it has not been signed ), or calculate how much it will cost to break the contract and decide whether it is worth the cost. They mad temp changes and adding credit reporting against the contract and reporting that no payments have been made but I have. here is examples Innovative Lawsuit Against U.S. Bank - XXXX XXXX XXXX ... 
XXXX : XXXX XXXX XXXX of XXXX XXXX , Ohio has initiated an innovative lawsuit against U.S. Bank , a division of U.S. Bancorp , one of the largest banks in the country. ... The lawsuit will focus on mortgages guaranteed by the Federal Housing Administration ( FHA ). The FHA backs approximately {$XXXX} XXXX worth of loans. 
another U.S. Bank fined {$XXXX} XXXX for bankruptcy filing violations - FRAUD ... 
XXXX  : XXXX XX/XX/XXXX - U.S. Bank fined {$XXXX} XXXX for bankruptcy filing violations ... if your current mortgage loan situation qualifies for a Quiet Title or Wrongful Foreclosure lawsuit here : XXXX XXXX XXXX ...

Company public response: Company has responded to the consumer and the CFPB and chooses not to provide a public response
Company response to consumer: Closed with explanation