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LOAN SERVICING / PREDATORY LENDING

1 PO BOX 10388CA, United States Review updated:
Contact information:
Phone: 1800-662-3806

minutes ago by BERT 0 Votes
ASC WAS JUST BOUT BY WELLS FARGO.I TRIED TO GET A LOAN MOD. THEY WERE SETTIING ME UP TO FAIL.I HIRED A ATTORNEY TO GET MAY PAPER WORK FOR RESPA VIOLATION THEY REFUSE TO GIVE THEM TO US. THEY TOLD ME I HAVE A TWO YEAR AJUSTABLE LOAN.MY LOAN IS AJUSTING ALL THROUGH THE 30 YEARS FOR A $800.000 LOAN. THEY DID NOT TELL ME I HAD A BOLLOON PAYMENT OWING $550, 000 AFTER 30 YEARS OF PAYING. THIS IS A STONG CASE OF PREDATORY LENDING.MY MORTGAGE IS $5100. PER MO. I CALLED THEM FOR A LOAN MOD THEY SENT ME A CONTRACT TO SIGN. MONTH 1 $3700. MONTH 2-5 $9100. AND MONTH 6 $120, 000.THIS IS THE BIGEST JOKE THEY IS NOT TRYING TO HELP THEY IS SETTING ME UP TO GET WHAT THEY CAN THEN FORECLOSE. WHAT A RIP OFF. I WOULD LIKE TO BE THE LEADER OF A CLASS ACTION LAW SUIT.I HAVE A 100 PEAPLE WHO HAS ASC/WELLS FARGO PREDATORY LOANS.ASC HAVE NOT SENT ME A STATEMENT IN A YEAR VIOLATION.

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Comments

St
  7th of Sep, 2010
0 Votes
LOAN SERVICING - No Promissory Note
ocwen Loan Servicing, LLC
United States

This so called company receives my monthly mortgage payment, but can not produce the Promissory Note. The orgininal company PREMIUM CAPITAL FUNDING, LLC D/B/A TOPDOT MORTGAGE is now out of business for fraud. Is this legal?

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