I want o open a lawsuit case against ASC. I don't know how did ASC took over my home loan from my bank...
My father was transfered to this company after 3 payments when he refinance to prepare home for sale and...
I agree with the complaint that ASC's fees are unreasonable. I also beg to differ with Eric Lopez's argument that all mortgages serviced by ASC are low quality loans made to borrowers with poor credit. My credit score is in excess of 750 and I have never made a late mortgage payment in my life. GMAC sold my loan last year to ASC. When asked, the GMAC representative said that they were selling off packages of loans to ASC to increase available capital. I was told that my high credit scores and on-time payment history made my loan easy to sell. I was furious with GMAC, because I was being penalized for "good behavior". I make all my payments on-line and hated the fact that ASC didn't offer that option. However, I do get the most out of my service fee by making three to five monthly payments at a time. If I didn't have such a low interest rate, I would refinance my mortgage with Chase. I have my investment property loans with Chase. I love their easy and FREE on-line payments. Just transfer from checking to mortgage loan and go. If Wells Fargo were smart, they would stop trying to nickel and dime their solid borrowers. Based on my experience with ASC, I have refused to deal with Wells Fargo on business loans, credit card offers, etc. I deserve better and can get it elsewhere.
asc offers for us to go online and pay our payment at www. mortageaccountonline.com this web site takes you in circles, and its not even their web site!!!!!
This is the second time ASC has tried to foreclose on my house. I'm fighting back with a lawsuit and have filed a complaint with attorney general. There is something we can do about them. A class action law suit was filed last year. If you have had trouble with ASC, please contact Douglas Mcloskey @ [protected] and attorney general J.W. Nixon @ [protected].it is a federal law to take money out of your escrow account. The only time money can be taken out of that account is for taxes and insurance. (unless you pay your homeowners out of your own pocket, as we do) please call so they won't take your house. They need to be shut down. We looked over the paper's they sent us and they were missing originals and our initials was forged. Please call these attorney's and another class action suit will b filed!!!
My home recently was foreclosed on by ASC, due to what they call NON-PAYMENT. I was 1 month behind on a payment due to financial difficulties. I contacted this company to make a partial payment, which they would not receive. The very next month my financial situation returned to normal, and now I was able to make a full payment. This company demanded full payment and blocked me from the payment log-in on companies website. This behavior continued for 3 months despite me trying to make all of my payments, less that 1 payment. They started charging several unknown fees along with interest. I contacted them at least 4, sometimes 5 times a month, speaking with everyone from customer service to loss litigation. I was given every excuse from "just send in what you have", to "we'll put the missed payment on the end of the loan and you will be current Mr. Ramsey". Nevertheless I sent in all late payments that they would not take, including the missed payment. They still foreclosed on my home stating that they didn't receive my check. I had to cancel my check after mailing it to them 4 weeks later. Its ironic that the parent company of ASC is Wells Fargo Mortgage and Wells Fargo bought my home at the foreclosure sale and re-sold it to ASC. It is also ironic that a vehicle displaying the Wells Fargo sticker on the side was seen riding by my home on several occasions by me, after I missed 1 payment. And last but not least, it is extremely ironic that all of these aforementioned activities took place after my property value skyrocketed $20,000 in one year and is on a continual rise due to it's location. I am not accusing this company of anything, but my case is just IRONIC! Now my credit is destroyed to the point that I can't even rent an apartment. I am a police officer with 5 kids and a wife and a victim of underground, loophole jumping, non governmental enforcing MORTGAGE COMPANY HOME JACKING!
ASC is charging me $57.84 as a monthly impound account they created out of thin air! I pay ins & tax myself & require no impound account to pay for me. They began a fee per above dated 4/13/2007 saying the house was uninsured from Dec 11 /2005 to January 4, 2006=28 days in 2005. Now they are feeing me %57.84 to payoff a insurance fee of $694 for the 28 days-that is a high rate!!! It's a fly by night operation-they apparently believe they can charge whatever they want. My loan was transferred to them and i want it transferred away from them-anybody know how? What/who do i complain to.
I was sold to this company in August 2006 from Fremont Investment & Loan (who are no longer in the mortgage...
My loan was transferred from gmac to asc last october. Auto pmts were made two months in advance to gmac - pmts returned to me and gmac. Asc states 10/06 pmt missing so investigation opened in 1/07 to be completed by 2/6/07 and then by 2/28/07. Dozens of call to asc by me and dozens more of auto collection calls to me. With every call i reconfirmed no late charges or derrog. Credit reporting, even if missing pmt was my error. I did all the research work for asc even though they said they would do so. Now asc states pmt 'is' outstanding and reported 60-30-30 late to credit agencies. Refuses to remove or give me accounting from gmac transfer. No late charges due - but credit reporting has stopped me from financial aid for my son to go to college. Single mom. Terrible bureaucracy and no cooperation or communication from asc from anyone other than customer service and collection dept. Ready to hire legal counsel or change my identity at this point. 7 months correspondence and calls on file with asc. Outright refusal to comply with employees' representations to me re: credit reporting even when given the scenario of this possibility that my accounting was wrong. Assured over and over that due to debt collection act, credit was safe because of missing pmt investigation.
My mortgage was sold to ASC from First Franklin in August 2006. Instead of First Franklin paying my summer taxes, they sent all my escrow to ASC along with the mortgage. Instead of ASC paying my taxes, they applied it to my mortgage like it was a house payment -- they say they paid $2,086.00 in summer taxes but the city shows no payment. (Mine were only $1,164.00) When winter taxes came due ASC said they paid $813.00 -- but the city never got it -- (mine were only $454.00) -- come to find out, ASC has been paying the taxes for the condo above me! ASC's records show her property address and her parcel number, not mine! ASC insists I have no homeowners insurance no matter how many times I've sent them proof, they've lost payments, are ruining my credit, and when I requested copies of signed documents, they sent me the closing documents for six different people in six different states -- this includes identifying information I have no legal right to -- so if I have their documents, who has mine?