America's Servicing Company (ASC) / class action lawsuit due to fraud
Due to serious neglegence on the part of america's service company (hereby refered to as asc) I am preparing to file a lawsuit based on the following facts.
1. Fraudulant notorization of mortgage signature. I was informed that because my wife was 2000 miles away at time of signing I should sign her name and they would get it notorized and it was totally legal.in fact this is concidered a fraudulant act by the state on michigan thereby null and voiding legal contract. This fraudulent act has been just found out and will be forwarded to the michigan attorney general.
2. Failure to pay insurance out of escrow and getting mine cancelled after 2 months of phone calls. Then placing their own in and charging me $800.00 for it. Per my mortgage escrow shall be in place to provide funds for taxes and insurance. Another fraudulent act per mortgage agreement
3. Provided false apr information. Was told that I would have a 7.5% and got stuck with a 9.6% rate. Also I was suppose to be in a frm and was put into an arm. Fraudulently showing one intrest rate on initial proposal and installing a higher one on the actual mortgage note. Was not shown at closing just told to initial everything.
4. Mortgage broker informed at signing not to worry about anything that we would be refinanced in 12-18 months. Completely untrue. Your ability to refinance is completely up to the lender not the broker.
These are just a few of the many documented fraudulant practices they have done to my family. We have tried three times to get refi'd only to have huge fee's involved to do it. $15000.00 by countrywide, well fargo sent paperwork recieved no answer. (wonder why?) last company refused till we were in the home for two years.
I am looking for anyone with proof of negligence to join us and bring this to a class action level. I feel that it is time to take a stand against the practices of this company and their parent company.