Business ProfileforMerchants Mortgage & Trust Corporation

By way of background: I have a loan for $760,500 from Merchants Mortgage and Trust Corporation (DBA Orchard Funding LLC), which covers two side-by-side properties I purchased as flips. On December 31st, 2022, a storm caused multiple trees to fall and damaged both properties. Insurance paid out approximately $112,000 which the Merchants withheld and refused to allow me to use for the repairs of the properties. The properties sat in disrepair, and I was unable to flip the properties. Due to the high interest rate Merchants was charging me, and the significant delay they caused (approximately 9 months of additional holding cost @ $11,000 per month), I couldnt afford to keep the properties. I found a buyer who was willing to purchase both properties at $850,000. Which should have left me with $89,500 after full repayment of Merchants loan. I called my closing title company who informed me they were sent a demand for $841,000. Which didnt at all match the letter I was sent, and was approximately $100,000 more than I owed. there were not even enough funds in the sale price for the house to close once realtor and title fees were included. So the sale was stuck in escrow, due to not having enough funds to close.When I confronted Merchants about their conflicting demand letters, they sent an email with a third conflicting closing number of $832,000 plus fees.Merchants refused to drop the fees or even lower their demand enough for the sale to close. Merchants offered a short sale. Since I did not have the money to add to the sale, I was forced to accept the short sale offer.Later Merchants recanted their "offer" of a short sale, and stated I would have to withdraw a complaint I filed with DFPI and forego all future litigation option in exchange for the short sale.Merchants has delayed the close ********************************************************* to drop my previous DFPI complaint. They are now threatening foreclosure if I don't drop the **** complaint.