Complaint / review text:
We have had our home financed through Midland for the past 12 years. We've never been late on a payment.
They have told us that they will only refinance in Oklahoma & Arizona & they don't participate in the Principal Reduction Program. Our house is worth 30,000 less than what we owe. Are we ready to walk away, you bet.
In the meantime I have put in a written complaint to the Consumer Financial Protection Bureau, maybe they can do something, maybe not. All we want is for them to refinance at a lower interest rate, we're willing to pay what we owe.