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RESIDENTIAL CREDIT SOLUTIONS, INC.

Company Details

Name: RESIDENTIAL CREDIT SOLUTIONS, INC.
Jurisdiction: New York
Legal type: FOREIGN BUSINESS CORPORATION
Status: Inactive
Date of registration: 13 Mar 2007 (18 years ago)
Date of dissolution: 18 Aug 2023
Entity Number: 3488335
ZIP code: 12207
County: Albany
Place of Formation: Delaware
Principal Address: 1211 AVENUE OF THE AMERICAS, 41ST FLOOR, NEW YORK, NY, United States, 10036
Address: 80 STATE STREET, ALBANY, NY, United States, 12207

DOS Process Agent

Name Role Address
CORPORATION SERVICE COMPANY DOS Process Agent 80 STATE STREET, ALBANY, NY, United States, 12207

Agent

Name Role
REGISTERED AGENT REVOKED Agent

Chief Executive Officer

Name Role Address
CHRISTIAN T. GRECO Chief Executive Officer 1211 AVENUE OF THE AMERICAS, 41ST FLOOR, NEW YORK, NY, United States, 10036

Licenses

Number Status Type Date End date
2003288-DCA Inactive Business 2014-02-05 2019-01-31
1364336-DCA Inactive Business 2010-07-28 2015-01-31

History

Start date End date Type Value
2021-03-29 2023-08-18 Address 80 STATE STREET, ALBANY, NY, 12207, 2543, USA (Type of address: Service of Process)
2019-03-26 2023-08-18 Address 1211 AVENUE OF THE AMERICAS, 41ST FLOOR, NEW YORK, NY, 10036, USA (Type of address: Chief Executive Officer)
2016-11-04 2019-03-26 Address 4500 MERCANTILE PLAZA DRIVE, SUITE 311, FORT WORTH, TX, 76137, USA (Type of address: Principal Executive Office)
2016-11-04 2019-03-26 Address 4500 MERCANTILE PLAZA DRIVE, SUITE 311, FORT WORTH, TX, 76137, USA (Type of address: Chief Executive Officer)
2013-03-08 2016-11-04 Address 4708 MERCANTILE DRIVE, FORT WORTH, TX, 76137, USA (Type of address: Chief Executive Officer)
2013-03-08 2016-11-04 Address 4708 MERCANTILE DR, FORT WORTH, TX, 76137, USA (Type of address: Principal Executive Office)
2009-02-12 2013-03-08 Address 4282 NORTH FREEWAY, FORT WORTH, TX, 76137, USA (Type of address: Principal Executive Office)
2009-02-12 2013-03-08 Address 4282 NORTH FREEWAY, FORT WORTH, TX, 76137, USA (Type of address: Chief Executive Officer)
2007-03-13 2021-03-29 Address 80 STATE STREET, ALBANY, NY, 12207, 2543, USA (Type of address: Service of Process)

Filings

Filing Number Date Filed Type Effective Date
230818000715 2023-08-18 CERTIFICATE OF TERMINATION 2023-08-18
210329060236 2021-03-29 BIENNIAL STATEMENT 2021-03-01
190326060019 2019-03-26 BIENNIAL STATEMENT 2019-03-01
170330006277 2017-03-30 BIENNIAL STATEMENT 2017-03-01
161104002004 2016-11-04 AMENDMENT TO BIENNIAL STATEMENT 2015-03-01
150319006115 2015-03-19 BIENNIAL STATEMENT 2015-03-01
130308006892 2013-03-08 BIENNIAL STATEMENT 2013-03-01
110303002459 2011-03-03 BIENNIAL STATEMENT 2011-03-01
090212002254 2009-02-12 BIENNIAL STATEMENT 2009-03-01
070313000381 2007-03-13 APPLICATION OF AUTHORITY 2007-03-13

Fine And Fees

Fee Sequence Id Fee type Status Date Amount Description
2501819 RENEWAL INVOICED 2016-12-01 150 Debt Collection Agency Renewal Fee
2369027 LICENSE REPL INVOICED 2016-06-21 15 License Replacement Fee
1973771 RENEWAL INVOICED 2015-02-04 150 Debt Collection Agency Renewal Fee
1544742 LICENSE INVOICED 2013-12-27 113 Debt Collection License Fee
1025354 RENEWAL INVOICED 2013-01-10 150 Debt Collection Agency Renewal Fee
1025355 RENEWAL INVOICED 2010-12-02 150 Debt Collection Agency Renewal Fee
1025353 LICENSE INVOICED 2010-07-28 75 Debt Collection License Fee
1025356 CNV_TFEE INVOICED 2010-07-28 1.5 WT and WH - Transaction Fee

CFPB Complaint

Complaint Id Date Received Issue Product
1531783 2015-08-22 Loan modification,collection,foreclosure Mortgage
Tags Older American
Issue Loan modification,collection,foreclosure
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Other mortgage
Date Received 2015-08-22
Submitted Via Web
Company Response Closed with explanation
Consumer Disputed No
Date Sent To Company 2015-08-23
Complaint What Happened This Complaint is related to Case # XXXX - XXXX and XXXX - XXXX ; Loan # XXXX. My home is scheduled for foreclosure and I need the Service Provider to provide me an answer as to why they have not assessed my Loan Mitigation Application based on the updated Profit and Loss Statement ( Income ) that was submitted to them. Here are specific details of my case. 1. RCS acknowledged they made a mistake and I appealed their decision to reject the Loan Mitigation Application within 30 days. 2. The basis of that appeal was the updated Profit and Loss Statement submitted to RCS as part of the appeal letter on XXXX XXXX, 2015. This updated Profit and Loss Statement is included in Exhibit XXXX. The average monthly net profit from the business is {$6400.00} per month ( {$38000.00} divided by 6 months ). When you add my social security income of {$1900.00}, my monthly income adds up to {$8400.00}. This is the monthly income on which RCS needs to assess my Loan Mitigation Application. 4. The way I have calculated {$8400.00} as my monthly income is exactly the same manner RCS calculated my monthly income earlier based on the preliminary Profit and Loss Statement. This preliminary calculation from RCS is included in Exhibit XXXX. Hence my {$8400.00} is my correct monthly income. Therefore, based on the above, RCS needs to assess my Loan Mitigation Application based on the correct updated Profit and Loss Income and my Social Security Income. This amount comes to $ XXXX and not {$7800.00} as claimed by RCS. Therefore please ask RCS to read the documents I have mailed them as part of the appeal and to evaluate my Loan Mitigation Application based on the correct monthly income of $ XXXX all the above documents were attached to this Complaint before and are in possession with RCS. They were all submitted as part of the appeal documents mailed on XXXX XXXX, 2015. Thank you. Sincerely, XXXX XXXX XXXX ( Borrower and Homeowner ) XXXX XXXX XXXX, XXXX XXXX, NY XXXX
Consumer Consent Provided Consent provided
2092778 2016-09-01 Loan modification,collection,foreclosure Mortgage
Issue Loan modification,collection,foreclosure
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Other mortgage
Date Received 2016-09-01
Submitted Via Referral
Company Response Closed with explanation
Consumer Disputed Yes
Date Sent To Company 2016-09-07
Consumer Consent Provided N/A
1019448 2014-09-08 Loan servicing, payments, escrow account Mortgage
Issue Loan servicing, payments, escrow account
Timely No
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Other mortgage
Date Received 2014-09-08
Submitted Via Postal mail
Company Response Closed with explanation
Consumer Disputed No
Date Sent To Company 2014-09-11
Consumer Consent Provided N/A
1022693 2014-09-10 Loan modification,collection,foreclosure Mortgage
Issue Loan modification,collection,foreclosure
Timely No
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Conventional fixed mortgage
Date Received 2014-09-10
Submitted Via Web
Company Response Closed with explanation
Consumer Disputed Yes
Date Sent To Company 2014-09-10
Consumer Consent Provided N/A
1153018 2014-12-11 Loan modification,collection,foreclosure Mortgage
Issue Loan modification,collection,foreclosure
Timely No
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Conventional adjustable mortgage (ARM)
Date Received 2014-12-11
Submitted Via Web
Company Response Closed with explanation
Consumer Disputed No
Date Sent To Company 2014-12-11
Consumer Consent Provided N/A
1232029 2015-02-09 Loan modification,collection,foreclosure Mortgage
Issue Loan modification,collection,foreclosure
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Other mortgage
Date Received 2015-02-09
Submitted Via Referral
Company Response Closed with explanation
Consumer Disputed No
Date Sent To Company 2015-02-12
Consumer Consent Provided N/A
1252672 2015-02-23 Loan modification,collection,foreclosure Mortgage
Issue Loan modification,collection,foreclosure
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Conventional fixed mortgage
Date Received 2015-02-23
Submitted Via Web
Company Response Closed with explanation
Consumer Disputed Yes
Date Sent To Company 2015-03-01
Consumer Consent Provided N/A
1502450 2015-08-04 Loan modification,collection,foreclosure Mortgage
Tags Older American
Issue Loan modification,collection,foreclosure
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Other mortgage
Date Received 2015-08-04
Submitted Via Web
Company Response Closed with explanation
Consumer Disputed Yes
Date Sent To Company 2015-08-05
Complaint What Happened RCS, the Loan Service Provider, has rejected an appeal to my Loan Mitigation Application based on completely false facts. This complaint is related to Case number : XXXX
Consumer Consent Provided Consent provided
1458308 2015-07-08 Loan modification,collection,foreclosure Mortgage
Tags Older American
Issue Loan modification,collection,foreclosure
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Other mortgage
Date Received 2015-07-08
Submitted Via Web
Company Response Closed with explanation
Consumer Disputed Yes
Date Sent To Company 2015-07-08
Complaint What Happened RE : Error in Evaluation of Loan Modification of Loan # XXXX am the homeowner at XXXX XXXX XXXX, XXXX XXXX, NY XXXX and RCS, the loan servicer, has made a patent error in the Loan Mitigation Application request of # XXXX by calculating the wrong monthly gross income as {$7000.00}. Because of this error RCS has rejected my Loan Mitigation Application. I am writing to rectify the error RCS has made and am appealing the basis of RCS ' decision. It seems that RCS has used outdated income information provided to XXXX XXXX XXXX back on XXXX/XXXX/2014 instead of using my current income. My correct current monthly income is $ XXXX. The basis of my correct income is attached. Kindly use the above to ask RCS to correct the error in the Loan Mitigation Application and reassess loan modification request based on my correct monthly income of $ XXXX/-Thank you. -- XXXX XXXX XXXX, XXXXcc : HAMP Solution Center, XXXXXXXXXXXX ( ID XXXX )
Consumer Consent Provided Consent provided
556743 2013-10-10 Loan servicing, payments, escrow account Mortgage
Issue Loan servicing, payments, escrow account
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product FHA mortgage
Date Received 2013-10-10
Submitted Via Web
Company Response Closed with explanation
Consumer Disputed No
Date Sent To Company 2013-10-10
Consumer Consent Provided N/A
1695541 2015-12-14 Loan modification,collection,foreclosure Mortgage
Issue Loan modification,collection,foreclosure
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Other mortgage
Date Received 2015-12-14
Submitted Via Referral
Company Response Closed with explanation
Consumer Disputed No
Date Sent To Company 2015-12-21
Consumer Consent Provided N/A
1781758 2016-02-10 Loan modification,collection,foreclosure Mortgage
Issue Loan modification,collection,foreclosure
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Conventional fixed mortgage
Date Received 2016-02-10
Submitted Via Web
Company Response Closed
Consumer Disputed No
Date Sent To Company 2016-02-10
Consumer Consent Provided Other
420131 2013-05-30 Loan modification,collection,foreclosure Mortgage
Issue Loan modification,collection,foreclosure
Timely No
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Conventional fixed mortgage
Date Received 2013-05-30
Submitted Via Web
Company Response Closed with explanation
Consumer Disputed No
Date Sent To Company 2013-06-03
Consumer Consent Provided N/A
506595 2013-08-28 Loan modification,collection,foreclosure Mortgage
Issue Loan modification,collection,foreclosure
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Other mortgage
Date Received 2013-08-28
Submitted Via Referral
Company Response Closed with explanation
Consumer Disputed No
Date Sent To Company 2013-08-29
Consumer Consent Provided N/A
189672 2012-11-13 Loan modification,collection,foreclosure Mortgage
Issue Loan modification,collection,foreclosure
Timely No
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Conventional fixed mortgage
Date Received 2012-11-13
Submitted Via Web
Company Response Closed with explanation
Consumer Disputed No
Date Sent To Company 2012-11-13
Consumer Consent Provided N/A
152525 2012-09-13 Loan modification,collection,foreclosure Mortgage
Issue Loan modification,collection,foreclosure
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Conventional fixed mortgage
Date Received 2012-09-13
Submitted Via Referral
Company Response Closed with explanation
Consumer Disputed No
Date Sent To Company 2012-09-14
Consumer Consent Provided N/A
679260 2014-01-22 Loan modification,collection,foreclosure Mortgage
Issue Loan modification,collection,foreclosure
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Other mortgage
Date Received 2014-01-22
Submitted Via Referral
Company Response Closed with explanation
Consumer Disputed No
Date Sent To Company 2014-01-29
Consumer Consent Provided N/A
1179152 2015-01-02 Loan modification,collection,foreclosure Mortgage
Issue Loan modification,collection,foreclosure
Timely No
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Other mortgage
Date Received 2015-01-02
Submitted Via Web
Company Response Closed with explanation
Consumer Disputed Yes
Date Sent To Company 2015-01-07
Consumer Consent Provided N/A
1493286 2015-07-29 Loan modification,collection,foreclosure Mortgage
Issue Loan modification,collection,foreclosure
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Conventional fixed mortgage
Date Received 2015-07-29
Submitted Via Web
Company Response Closed with explanation
Consumer Disputed No
Date Sent To Company 2015-07-29
Consumer Consent Provided Other
1725755 2016-01-03 Loan modification,collection,foreclosure Mortgage
Issue Loan modification,collection,foreclosure
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Conventional fixed mortgage
Date Received 2016-01-03
Submitted Via Web
Company Response Closed with explanation
Consumer Disputed No
Date Sent To Company 2016-01-03
Complaint What Happened Our mortgage company, XXXX XXXX ( previously owned by XXXX XXXX ) sold our mortgage to Residential Credit Solutions in XXXX, XXXX. Our payments were roughly $ XXXX/month at 9.95 % interest. My husband lost his job in XXXX. We knew our payments were going to be impossible to maintain, so in XXXX, began the process of applying for a modification. XXXX XXXX, and then Residential, made it impossible for us to receive a modification which would make the payments more affordable by continuously delaying the process for about 18 months, then finally gave us a " Supplemental Modification. '' This did not lower the monthly payments, kept the interest rate at 9.95 % and extended our mortgage to 40 years. Since they had already begun sending us foreclosure letters, we had no choice but to accept. We contacted several government agencies and representatives, to include CFPB XXXX XXXX XXXX ( who, by the way, did not listen and were very rude ), and no one would help or listen. I am attaching several documents to support our complaint. After giving up actual living necessities and cashing in our retirement to bring everything up to date, we applied for and received a new variable rate mortgage through a XXXX 2.75 %. Of course, this interest rate will go up ; however, our current monthly mortgage payment is now a little over {$700.00}. We had to incur closing costs, legal and appraisal fees, etc., in addition to the more than {$20000.00} in interest payments over the lifetime of the " modification '' as a result of Residential 's predatory practices and other agencies ' lack of consideration towards us.
Consumer Consent Provided Consent provided
517503 2013-09-06 Loan modification,collection,foreclosure Mortgage
Issue Loan modification,collection,foreclosure
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Other mortgage
Date Received 2013-09-06
Submitted Via Referral
Company Response Closed with explanation
Consumer Disputed No
Date Sent To Company 2013-09-09
Consumer Consent Provided N/A
2473287 2017-05-02 Trouble during payment process Mortgage
Tags Older American
Issue Trouble during payment process
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Conventional home mortgage
Date Received 2017-05-02
Submitted Via Web
Company Response Closed with explanation
Consumer Disputed N/A
Date Sent To Company 2017-05-02
Complaint What Happened We tried on numerous occasions to secure a mortgage modification to allow us to keep our home, and Residential Credit Solutions ( RCS ) repeatedly blocked our attempts by not returning phone calls, emails, etc. We were told to submit duplicate paperwork on numerous occasions. When they finally offered a " XXXX XXXX XXXX '', we were advised that this was the only program they had looked at for us, they did not advise us of any other programs that might be available to us, and their modification did not change the monthly payment at all, thereby keeping us in an impossible plan, setting us up for failure, and virtually keeping us in the same foreclosure risk. They told us to look over the XXXX XXXX XXXX and call them back. When we did call them back, we told them we did not want to sign the agreement, we wanted to explore other options. They refused to look into a payment deferral, saying it would ruin our credit. Our credit was already ruined by virtue of their dragging this process along for 15 months. Numerous times, when we were finally able to speak to a representative, and only after they had been contacted by third parties ( including congressmen and women, and newspaper reporters, they gave us misinformation, or told us they would look into other programs and then never called back. We have voice recordings of those telephone conversations, and solid proof of our attempts to obtain information to allow us to make informed decisions. We were forced to cash in our XXXX money in order to clean up our own credit and were finally able to secure a new mortgage with a reputable banking institution, with a much lower payment and lower interest rate. However, not only is our XXXX gone now, but we incurred expenses in excess of {$23000.00} in order to mitigate our damages. This was not a modification of our existing mortgage. It was a total re-mortgage, and without benefit of Truth-in-Lending law protection.
Consumer Consent Provided Consent provided
415405 2013-05-23 Loan modification,collection,foreclosure Mortgage
Issue Loan modification,collection,foreclosure
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Other mortgage
Date Received 2013-05-23
Submitted Via Postal mail
Company Response Closed with explanation
Consumer Disputed No
Date Sent To Company 2013-05-24
Consumer Consent Provided N/A
1276601 2015-03-10 Loan modification,collection,foreclosure Mortgage
Tags Older American
Issue Loan modification,collection,foreclosure
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Conventional fixed mortgage
Date Received 2015-03-10
Submitted Via Web
Company Response Closed with explanation
Consumer Disputed No
Date Sent To Company 2015-03-10
Consumer Consent Provided N/A
1846050 2016-03-24 Loan servicing, payments, escrow account Mortgage
Issue Loan servicing, payments, escrow account
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Conventional fixed mortgage
Date Received 2016-03-24
Submitted Via Web
Company Response Closed with explanation
Consumer Disputed No
Date Sent To Company 2016-03-24
Consumer Consent Provided Consent not provided
400417 2013-05-06 Loan modification,collection,foreclosure Mortgage
Issue Loan modification,collection,foreclosure
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Other mortgage
Date Received 2013-05-06
Submitted Via Referral
Company Response Closed with explanation
Consumer Disputed No
Date Sent To Company 2013-05-07
Consumer Consent Provided N/A
1682877 2015-12-04 Loan modification,collection,foreclosure Mortgage
Issue Loan modification,collection,foreclosure
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Conventional fixed mortgage
Date Received 2015-12-04
Submitted Via Web
Company Response Closed with explanation
Consumer Disputed Yes
Date Sent To Company 2015-12-04
Consumer Consent Provided Other
166234 2012-10-05 Loan modification,collection,foreclosure Mortgage
Issue Loan modification,collection,foreclosure
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Other mortgage
Date Received 2012-10-05
Submitted Via Postal mail
Company Response Closed with explanation
Consumer Disputed No
Date Sent To Company 2012-12-18
Consumer Consent Provided N/A
1410662 2015-06-08 Loan servicing, payments, escrow account Mortgage
Issue Loan servicing, payments, escrow account
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Conventional fixed mortgage
Date Received 2015-06-08
Submitted Via Phone
Company Response Closed with explanation
Consumer Disputed No
Date Sent To Company 2015-06-11
Consumer Consent Provided N/A
1995597 2016-07-01 Loan modification,collection,foreclosure Mortgage
Issue Loan modification,collection,foreclosure
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Other mortgage
Date Received 2016-07-01
Submitted Via Referral
Company Response Closed
Consumer Disputed No
Date Sent To Company 2016-08-05
Consumer Consent Provided N/A
1428322 2015-06-18 Loan modification,collection,foreclosure Mortgage
Tags Older American
Issue Loan modification,collection,foreclosure
Timely Yes
Company Residential Credit Solutions, Inc.
Product Mortgage
Sub Product Other mortgage
Date Received 2015-06-18
Submitted Via Web
Company Response Closed with explanation
Consumer Disputed Yes
Date Sent To Company 2015-06-18
Complaint What Happened RCS the service provider rejected my Loan Modification Request on the basis that I did not provide them with documents in time. I disagree with them and am now resubmitting a brand new application. To ensure that MHA guidelines are followed, I am submitting a copy of my Loan Modification Request to CFPB. Thanks
Consumer Consent Provided Consent provided

Date of last update: 28 Mar 2025

Sources: New York Secretary of State