Industry Verticals · FinTech & BankingstructuralFintechLegaltechB2C

FHA Mortgage Servicer Denies Loss Mitigation to Confirmed Heir

Truist Bank denied loss mitigation assistance to a confirmed successor-in-interest on an FHA loan, citing false probate and title requirements that contradict federal servicing guidelines. The servicer repeatedly misapplied rules that protect heirs from foreclosure. Mortgage servicer compliance with CFPB successor-in-interest regulations remains inconsistently enforced.

3mentions
1sources
4.7

Signal

Visibility

4

Leverage

Impact

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