Consumer complaint received 2023-07-28
Company: Mr. Cooper Group Inc.
State: RI
Product: Mortgage
Sub-product: FHA mortgage
Issue: Trouble during payment process

Complaint:
I received a letter from Nationstar Mortgage XXXX Mr. Cooper along with XXXX XXXX XXXX XXXX company that stated I was being recommended for foreclosure. I have no contractual obligation to either of these corporations and they have not supplied me with a True Request of the Accounting per UCC 9-210 and RI Gen Law 6A-9-210. Secondly, I reached out to my title insurance company to file an adverse claim against them due to me getting a notice of recommendation for foreclosure. Im getting billing statements from Rightpath Servicing who took over for Mr. Cooper but they are all Subsidaries of Nationstar Mortgage. Come to find out that Nationstar has not even been assinged the mortgage. As per the letter attached ... '' there was an assignment of mortgage to XXXX XXXX XXXX dated XX/XX/XXXX and recorded on XX/XX/XXXX. So that Means, XXXX XXXX XXXXXXXX assigned the Mortgage to XXXX XXXX Servicing on XX/XX/XXXX a year and one week ago today. If i was to go by my credit report from XXXX XXXX ... Pics attached..I would assume something completely different. Per my credit report my loan with XXXX XXXX XXXX was paid off..With the Account Closing on XX/XX/XXXX. The mortgage was then assigned to XXXX XXXX XXXXXXXX XXXX XXXX BUT THE TITLE COMPANY SAID XXXX XXXX XXXX ASSIGNED XXXX XXXX THE MORTGAGE ON XX/XX/XXXX, and FILED IT XX/XX/XXXX. But looking at my credit history, it paints a different picture. lets list the assignments : XXXX. XXXX XXXX XXXX XXXX XXXXXXXX XXXX : XX/XX/XXXX XXXX. XXXX XXXX XXXX XXXX XXXX XXXX : XX/XX/XXXX XXXX. XXXX XXXX XXXX to Mr. Cooper : XXXX of XXXX XXXX. Mr. Cooper to Rightpath Servicing : XXXX of XXXX ( Mr.Cooper/RightPath/Nationstar ) are XXXX entity masquerading as separate servicers. 

Thats Five Servicers ... Five Assignments... BUT THE TITLE COMPANY STATED AFTER THEIR INVESTIGATION XXXX XXXX XXXXXXXX ASSIGNED XXXXXXXX XXXX  THE MORTGAGE ON XX/XX/XXXX, and FILED IT XX/XX/XXXX. AND IM GETTING A THREAT OF FORECLOSURE FROM A PARTY WHO DOESNT EVEN HOLD THE ASSIGNMENT! ALL THE PROOF IS ATTACHED. THIS IS A VIOLATION OF ALL MY RIGHTS UNDER TITLE 15. AND LET IT BE KNOWN THE MASSACHUSETTS SUPREME COURT ALREADY RULED THAT BACKDATED ASSIGNMENTS ARE NULL AND VOID AND IM ATTACHING THE CASE WITH IT. AS I WAS A MASSACHUSETTS RESIDENT WHEN I FILLED OUT THE APPLICATION FOR THE LOAN. OH AND LET ME PUT THE DEFINITION OF APPLICATION HERE WHILE IM AT IT : Application means : the submission of a borrower 's financial information in anticipation of a credit decision relating to a federally related mortgage loan, which shall include the borrower 's name, the borrower 's monthly income, the borrower 's social security number to obtain a credit report, the property address, an estimate of the value of the property, the mortgage loan amount sought, and any other information deemed necessary by the loan originator. An application may either be in writing or electronically submitted, including a written record of an oral application. [ 12 CFR Part 1024 ( b ) ] that Application and Contract was with XXXX XXXX XXXX. Not XXXX, Not XXXX XXXX XXXX, Not Mr. Cooper, Not XXXX, Not Nationstar and I believe no evidence exist to the contrary if so prove it. Because the letter from the Title Company Dated today SAYS IT IN PLAIN LANGUAGE ... .THE CHAIN OF ASSIGNMENT IT BROKEN AND THERE CLEAR MORTGAGE FRAUD BEING PERPETUATED UPON ME!!!!!!!!!!! 

It is a fact that I have been receiving statements from XXXX XXXX, which include a coupon attached to them. I would like to clarify the definitions of these terms as per Black 's Law Dictionary, 8th Edition, to ensure a mutual understanding. The factual definitions provided are as follows : 1. Statement : A report issued periodically ( usually monthly ) by a creditor to a customer, providing certain information on the customer 's account, including the amounts billed, credits given, and the balance due.

2. Coupon : An interest or dividend certificate that is attached to another instrument, such as a bond, and may be detached and separately presented for payment of a definite sum at a specified time.

It is a Notice of fact pursuant to 12CFR 202.2 ( b ) consumer credit is defined as ; credit extended to a natural person primarily for personal, family, of household purposes. Therefore, if pursuant to that same subsection credit means ; the right granted by a creditor to defer its payment, or purchase property or services and defer payment therefor, then I am the consumer of this transaction seeing that my credit card, also known as my Social Security Number, funded the account by means of accessing my open-ended credit plan. 
It is a Notice of fact there is a billing error pursuant to Regulation Z the determination of finance charge.

Pursuant 15 USC 1692c ( C ) this herein notice in writing refusing to pay the alleged debt.

15 USC 1666b ( 4 ) The creditors failure to reflect properly on a statement. If I owe a balance, it should be in the negative, but it isnt, its clearly showing a positive balance. This is a billing error.

Pursuant 19 CFR 149.3 there is an identification error. I did not need to provide a name and address, only a number to identify who was liable. The social security number is the liability. The bank is the reporter of record. The importer of the record is liable, I gave XXXX XXXX XXXXXXXX. the number making XXXX XXXX XXXX liable for the number. 

It is a Notice of fact, Pursuant Regulation Z subpart b 1026.13 a6 I request a reflection on a periodic statement of an extension of credit for which the consumer requests additional clarification, including documentary evidence. I requested documentary evidence on account ending.

It is a Notice of fact Pursuant 15 U.S Code 44 includes all documents, papers, correspondence, books of account, and financial and corporate records which involve all derives, assignees, hypothecations in connection with my all-caps name. I require this clarification in order to address the billing error for {$74000.00} and any other additional charges. I need to clarify who funded the account and how much is owed according to the journal and ledger entries from the date of open of this account as described in IRS Publication 583. On the public and private side showing accounts receivable and payable.

It is a Notice of fact Pursuant Regulation Z Subpar B 1026.13 d 1- Rules pending resolution. The consumer need not pay ( and the creditor may not try to collect ) any portion of any required payment that the consumer believes is related to the disputed amount ( including related finance or other charges ). The creditor or its agent shall not ( directly or indirectly ) make or threaten to make an adverse report to any person about the consumer 's credit standing, or report that an amount or account is delinquent, because the consumer failed to pay the disputed amount or related finance or other charges. A creditor shall not accelerate any part of the consumer 's indebtedness or restrict or close a consumer 's account solely because the consumer has exercised in good faith rights provided by this section. A creditor may be subject to the forfeiture penalty under 15 USC 1666 ( e ) for failure to comply with any of the requirements of this section. I am the beneficiary I wish to negotiate instrument being tendered on behalf of the interest of the United States with full faith in credit. The personal information on the record is inaccurate the accuracy is depended upon fair banking. I request that the record is corrected and granted the proper disclosures Pursuant Regulation Z Truth in Lending Act.

Company response to consumer: Closed with explanation