Consumer complaint received 2016-04-28 00:00:00
Product: Mortgage — FHA mortgage
Issue: Loan servicing, payments, escrow account — 
Company: NATIONSTAR MORTGAGE LLC
State: FL

Complaint narrative:
NATIONSTAR IS GUILTY OF RACKETEERING, EXTORTION, WIRE FRAUD, MSLEADING GOVERNMENT INVESTIGATORS, INSURANCE FRAUD, MISLEADING CONSUMERS, AND FAILURE TO MAIL ANY DOCUMENTATION OR STATEMENTS AS REQUIRED BY LAW, WHILE SIMULTANEOUSLY ILLEGALLY FORECLOSING ON A HOME WITH A LOAN THAT WAS PROVEN TO HAVE FRAUD. XXXX XXXX AND XXXX XXXX ARE ACCESSORIES/ACCOMPLICES TO ALL CRIMES LISTED ABOVE. 
RACKETEERING ~ NATIONSTAR has connected with the most corrupt people in the industry and they have created and inflated a giant, fraudulent company that focuses on illegal home theft using the false illusion of service as a cover for the crimes. The false need for their services is created during the loan origination process and it expands into a huge racket. This scam has a sophisticated XXXX tier system. First, the originator of the loan makes an intentional error on origination which later causes the payments to skyrocket. They claim inadvertent but it happens consistently, not rarely or occasionally. This initial fraud drives the home into default and eventually into foreclosure as part of an investment strategy to seize homes and defraud taxpayers, Insurance companies and government insurance, primarily FHA. Harvest season is XXXX. They send a statement with unwarranted fees plus an increase in escrow to shock Holiday weary and cash strapped homeowners into running away from a home they can no longer afford. Weak companies like XXXX pick the low hanging fruit and commit a good portion of the crime with intentional escrow fraud and non existent customer service when it is time to correct. When they get a home into severe default that becomes NationStar 's specialty. They have the entire network so they write their own rules. They have violated so many laws along the way that, today, they simply auction off the homes occupied, collect on the FHA and PMI insurance, and leave a local dispute and resentment in every city in the U.S. as new owners evict unsuspecting victims. The entore racket is created by fraud. If the loans were written honestly and the escrow was handled correctly there would be no need for a maintenance company, inspecton company, title company, mortgage company, online property auction companies or any other service Nationstar Holdings LLC has under their umbrella. Every summer the foreclosure listings spike, now I know why. It 's the XXXX fraud that creates summer listings. They dry up in te fall and a new batch will be illegally picked next year using fraud. 
EXTORTION ~ Instead of correcting, helping, complying and servicing the loan as required by law, NationStar specializes in lies, manipulation, fraud, misleading consumers about the laws and their legal rights, and pencil whips foreclosures for the banks as part of the larger racketeering scam everyone profits from. In this case payments were never right because fraud occurred on day one and never stopped, Nationstar has known about this since last summer because WE FORCED THEM to answer. They would have never helped or been honest, ever. Even though WE KNOW AND HAVE PROVEN a crime has occurred they continue to collect and demand money that is not owed, and the consumer has no choice but to pay the criminals. This extortion also depletes any legal fund a consumer may have. They stall and slowly bleed the consumers, messing with them, toying with them, having fun and laughing every step of the way as they operate with perceived immunity. 
WIRE FRAUD ~ They have crossed every state line and used every form of communication with lies ad fraud in every channel, every where. 
MISLEADING CONSUMERS ~ It starts on loan origination and it never stops. The honesty in this organization is almost zero. 
FAILURE TO MAIL MONTHLY STATEMENTS ~ We have not received a single monthly statement in 2016 but we have been threatened with foreclosure. 
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Company response to consumer: Closed with explanation