Home Mortgage / Fraud
Our loan was sold to Litton Loan and we were trying to do a loan modification due to the fact that we had gotten behind on our loan because we had a financial hardship. We were going through Federal Loan Modification in New York and Litton Loan and after $3400.00 we still have not been able to remodifiy our loan, but Litton agreed to put us on a repayment schedule in which our payments are $2700.00 for 17 months. Now common sense tells you that if we were getting behind with a mortgage of $1600.00 then how can we possibly pay $2700.00 a month especially after losing the $3400.00.
Litton Loan and Federal Loan Modifications should be reprimanded for such poor business ethics and scamming people out of their hard earned money.