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HFC / Scam and cheating!

1 51 Century BlvdNashville, TN, United States Review updated:
Contact information:
Phone: 800-3650175

In March, 2006 I received e-mail and snail mail solicitations for a loan of $10, 000. Due to circumstances it was offered at a good time and I took advantage of it. It was made as a second mortgage (actually third, as I originally had a first mortgage which was an ARM and a second mortgage). The loan brought the amount I owed on my home higher than the last appraisal. Since HFC didn't do an appraisal, I am unable to refinance to get out of my arm as the total I owe is more than the last appraisal. It is now May, 2008 and the original mortgage amount of $10, 614 has only been reduced to $10, 112.06 after 26 months. Also, the loan amount was incorrectly reported to the three major credit reporting agencies and for over a year never showed any change.

They are currently offering me a $30, 000 loan as a preferred customer. I don't know how they can do that without another 'no appraisal' loan or a falsified home value.

Va
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Comments

  • Re
      17th of Jun, 2008
    0 Votes

    I agree with everyone on this comment board and I am so sorry to hear about all the trouble that you are all having. This is the reason I started my company. I have helped several people that have mortgages with ASC, Countrywide, and other mortgage companies that don't seem to care if they harass people or suck them dry. The comments I have heard are along the lines of trying to get blood from a stone or turnip, or something like that.

    I have a service that actually will take you out of the loop of contact with ASC, or Countrywide or whomever you have servicing your loan. All you have to do is tell me how we can help you. By that I mean, tell us what you are looking for us to do for you and we will pursue the help that you want, no matter what. We have all aspects of the mortgage business covered from being a mortgage mediation company, a title company, a real estate company, all the way to having access to attorneys for litigation or help to avoid foreclosure. No aspect of help is turned away.

    Let me tell you, most of the customers that I deal with have told me about the fear and the frustration of working with mortgage companies that don't seem to care or give them the runaround. To be totally fair, mortgage companies have their ways of dealing with people. Some are good, some are horrible. But one thing all mortgage companies love is being vague. When they are vague, they don't have to give you information until you ASK for it. How does that help you? How can you try to save your home if you don't know how to ask the right questions?

    That’s another reason why I created this company. I take your number out of their "system". When they mail you something, it goes to me. I take the burden away from you so you can live your life without the phone calls and the letters. And the rudeness!!! Oh, man, if I told you some of the stories I have heard...let's just say, it’s not pretty.

    I know that some people are going to look at this comment and go, this guy is trying to drum up business. Well, you're right. But here's the kicker. I used to work in mortgage collections. I used to make the phone calls and send the letters. I used to work around the people that make your lives hell. And I kept asking myself, why? Why are these people not being told about the help that’s readily available? Why are these people not being helped to make payment arrangements that are realistic? Why does this company care more about the money than about customer service when that is supposed to be their primary objective?

    That's why I got out. I can not stand collections. Just because they are hiding behind a company name they think that they can say anything or act anyway they like with the customers, being friendly with one and the next 40-50 they can treat like crap. Where is the customer service?

    I take all that frustration away from you and create solutions that work. I know that it may be hard to swallow, but I do. I have done it for several people. And I can do it for you too. If you want more specifics or just want to talk to me, call my office at 888-453-1518 and check out the website, which is being updated with a few new options available. And this isn't just for people facing foreclosure, people that are current and want to pay off their home early, call me. I can and will help as many people as I am able to. What have you got to lose? Website address is http://www.onlybusiness.com/members/RealtyMediationService...and if not for you, best of luck. In all your endeavors.

  • Ma
      18th of Jan, 2009
    0 Votes

    HFC has put us in a no win situation by levying our checking account, the last of our monies to live on for three months. All the pleading and begging did no good. The end of this month, we will have no power, phone, or FOOD. I hope the SOB (David Gregg) has a wonderful, fullfilled life...and dreams about folks like us, as he stated, unfortunate, irresponsible and oh well, toobad for you..

  • Bc
      4th of Apr, 2009
    0 Votes

    I also agree. We recently sold our house in a short sale to avoid foreclosure. HFC is holding us responsible for the shortage of the mortgage which is $100, 000. The company encouraged us to do the short sale and never advised us of the end results.
    We have no clue what to do now.

  • Tt
      28th of May, 2010
    0 Votes

    My ex-husband and I had a home financed through Countrywide, and later got a home equity loan from Beneficial, subsequently changed to HFC. After separating, my husband stayed in the home and was foreclosed on. HFC is still requiring me...after 10 years and MINIMAL balance change, to pay this loan. I have been afraid to not pay it because I am finally recovering my credit score - no help from my ex - and I am afraid they can do something towards the new home I was able to purchase...finally. Can anyone give me information on who to contact to do something about this company or this loan. How can you be required to pay an equity line on a home that you don't own that has been sold to someone else?? ANY thoughts or ideas? Thanks!!!

  • Jo
      4th of Aug, 2010
    0 Votes

    JULY 2010 have just got off the phone with hfc creeps talhed to a person not even in the us and explained that i lost my job on june 18 of 2010 and lost my brother in a motorcycle accident 2 weeks later and finances were gone except unemployment. he proceded to only repeat his companys position that this was all he could do is take 3 payments out my checking account at 175.00 per month for a forbarance . after repeatly trying to explain to a man who bearly i could understand for lack of his accent . my wife and i tried to explain that 2 other companies had worked with us with a fixed payment with no interest being levied on the account to pay off the principal only until payed in full. what i dont understand if major credit card companies can do this why cant a creep of a company like HFC do the same instead of constant phone calls and no customer service. they seem to pride themselves on harrasement and improper tactics to acheive there goal of just getting money any way the can from the customer. i wish there was a law where the comsumer had a way of getting back at companies that only care about money only not people.

    from joe in penna when will government gail out the common people instead of business and stockmarkets and remember that if people have jobs jobs pay taxes not big companies

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