Consumer complaint received 2015-10-27
Company: NATIONSTAR MORTGAGE LLC
State: TX
Product: Debt collection
Sub-product: Mortgage
Issue: Taking/threatening an illegal action
Sub-issue: Threatened to sue on too old debt

Complaint:
Nation Star Mortgage has threatened me with enforcement of a fraudulent document and claims full deniability of open record documentation at the XXXX XXXX Appraisal XXXX. 

In a letter dated XXXX/XXXX/XXXX, Nation Star states the following, " We have conducted an investigation, and it was determined the error asserted within your correspondence did not occur. " Nation Star threatened the legality of my claim by stating, " After further review, we have determined the subject loan remains in full force and effect, and we will continue to service the loans in accordance with the valid, binding documents that you signed at the time of origination. " ANY search inquiries on the " common causes for mortgage fraud '', ALWAYS listed an inflated appraisal in the top XXXX if not the top XXXX or XXXX causes for violation. The FTC, FDIC, CFPB and Attorney General 's office all state the same. I encourage you to do the XXXX search yourself to confirm my open record findings from multiple agencies and sources. 

The XXXX public record excerpts as well as the XXXX XXXX XXXX and XXXX Appraisals floor plan comparisons are on record with the XXXX in an ope public records format and the file clearly document the XXXX XXXX XXXX XXXX bedroom count on record in XXXX, and the audit reclassification to a XXXX ( XXXX ) bedroom in XXXX. This is in FULL contradiction to the deniability of Nation Star. 

On XXXX XXXX, XXXX XXXX XXXX of XXXX XXXX XXXX submitted a XXXX fair market value of {$130000.00} without deductions for " Diminished Site Utility, Functional Obsolescence '' and the other substantial discrepancies cited by XXXX XXXX in the XXXX Retro Appraisal. The XXXX provided by XXXX combined with the XXXX Retro Appraisal were audited by XXXX XXXX, XXXX, XXXX, who then reclassified the property as a XXXX Bedroom. Again, not until the XXXX audit was the property classified as a XXXX bedroom. 
The City XXXX XXXX, XXXX Appraisals, and XXXX XXXX, ALL TALCB licensed appraisers in the State of Texas differ from the Nation Star opinion. 
The XXXX XXXX XXXX reviewed the XXXX appraisal and reclassified the property as a XXXX acre lot with XXXX acres at a 90 % devaluation to account for the " Diminished Site Utility '' I now no longer have a full XXXX acre property to compete with as sold to me and collateralized for my loan. 
The XXXX XXXX XXXX reviewed the XXXX appraisal and reclassified the property as a XXXX bedroom home instead of the previously described and collateralized XXXX bedroom home to account for the " functional obsolescence. " I now no longer have a XXXX bedroom home to compete with as sold to me and collateralized for my loan. 
The XXXX XXXX XXXX reviewed the XXXX appraisal and reduced my taxes from {$240000.00} down to {$140000.00} a reduction of over {$100000.00} as a result of the diminished site utility and functional obsolescence NOT noted on the original XXXX appraisal. 
XXXX Expert, XXXX XXXX reviewed the XXXX appraisal and stated that the appraisers that conducted the appraisal in XXXX committed open violations of the Texas XXXX Licensing and Certification Act, committed serious violations of USPAP guidelines and committed Deceptive Trade Practice Act violations that influenced me into engaging in a residential mortgage transaction. 

Nation Star Owes Me over {$90000.00} in stripped equity plus miscellaneous damages to seek recovery

Company response to consumer: Closed with explanation