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Ditech Loans / Non-consolidation loan consolidation

1 IL, United States

Let us borrow 173, 000.00 on my $2000. to $4000. of self-employment income, but would not put it in the mortgage. put $8000. on their Ditech mastercard with introductory rate of 7.99%. 12 months later exploded to 34.99%. Also have two contracts, the one we fell for and the one we were stuck with. Almost 2 % more than advertised rate
Should have told them to go FICA themselves. When we realized what they did it was past the 72 hr. cancellation period. We were screwed. We had perfect credit history and that how we were treated. In three yrs. We have paid so much interest we could have paid down 1/3 of our debt, instead we've paid off nothing.
Then came the crash. Income dropped to half. Called that we were in trouble. Guided us to "Making Homes Affordable" scam. Got a counselor that advised s to stop paying mortgage because they could not help us if we were current. So we did that. 90 days later we served foreclosure summons.

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