Mortgage Commitments are they real or not? Two complaints cast some shadows over this question…


Complaint 010614-004A

This complaint was made by a mortgage broker. This mortgage broker had a client who was buying a property. She was accepted for a mortgage in less than 24 hours and in a week, all conditions were removed from the mortgage commitment. Five days prior closing, the lender advised the mortgage broker that it would not provide the mortgage and disburse the funds. Here is the interview with the complainant…


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