Consumer complaint received 2022-04-05 00:00:00
Product: Mortgage — FHA mortgage
Issue: Struggling to pay mortgage — 
Company: RUSHMORE LOAN MANAGEMENT SERVICES LLC
State: NY

Complaint narrative:
I am the owner in due course of the referenced property. There is an issue with my Mortgage Insurance or aka the default insurance, my property had Mortgage insurance coverage, ( please see attached proof of mortgage insurance ) and as a direct result of the deed of trust agreement this is my FORECLOSURE PROTECTION POLICY. I now invoke my rights, and I am demanding, that XXXX XXXX XXXX XXXX provides me with evidence, that they fulfilled their obligation to file a claim with reference to my FORECLOSURE PROTECTION POLICY aka, Mortgage Insurance, and that it was denied. It is my understanding that the mortgage insurance was required of me, as a way to protect the lender in case of any default. The Lenders Mortgage Insurance ( LMI ) or Mortgage Guaranty Insurance, also known as Private mortgage insurance ( PMI ) in the US, protects against lender or investor loss by reason of borrower default ( credit failure ) accompanied by insufficient recoverable value in the property securing the insured loan. Lender can not cash in by endorsing my note ( see attached endorsement ), foreclose, file a claim for the insurance benefits, get a write off, and sell the fake debtThis is Fraud, after fraud, after fraud, after fraud!!! 
XXXX XXXX XXXX XXXX is well known for fraudulent actions. United States v. XXXX XXXX ( Please see attached page from XXXX XXXX page XXXX. ) Which refers to mortgage insurance misconduct. 

7 C.F.R. 1901.503 & 508 the SINGLE-FAMILY HOUSING HOME LOAN GUARANTEE PROGRAM. My home is part of the Federally Regulated Program! My FHA XXXX XXXX. ( Note that the Loan already has a security Guarantee by Government backing CODE 18 US SUBSECTION 8 - JUNE 25, 1948 JUDICIARY ACT CH.645,62 STAT. 685- '' IT WILL REPRESENT A MORTGAGE IN ALL HOME, AND OTHER PROPERTY OF ALL PEOPLE OF THE NATION '' by endorsement " PAID TO THE ORDER OF THE UNITED STATES OF AMERICA WITHOUT RECOURSE '' ). Please see attached HUD. MY NOTE WAS ENDORSED BY XXXX PLEASE SEE ATTACHED PROOF. AS PROOF THAT LENDER GOT PAID. I did have the knowledge then, that I was the creator and endorser of the note but fraud has no statute of limitation. 



The alleged DEBT was transferred to Rushmore Loan Management Services, a debt collector without standing. There was no debt for them to acquired. My mortgage was covered by mortgage insurance. This debt collector has defamed me, caused me cruel mental anguished, by publicly announcing the sale of my property. ( see attached ). Debt Collector Rushmore has engaged in a pattern of unfair and deceptive practices. I have sent a QWR to debt collector Rushmore asking for Validation of Debt dated XX/XX/XXXX which the alleged new owner has not fulfilled. I believed with the FOIA or QWR we can find out for these debt collectors who alleged to be the new lender have standing to foreclose. 

My property was protected by mortgage insurance, government backing, and by endorsement. 
Which governmental agencies is going to be able to stop this fraud, after fraud, after fraud on Home owners! 
I am requesting your intervention with a conscientious investigation on this matter. It can not be possible that all this fraud goes on right under the supervision of all these prestigious governmental agencies ; Which were created to protect the consumer! 

Cordially, XXXX XXXX XXXX

Company response to consumer: Closed with explanation