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Mortgage company / foreclosure

1 United States Review updated:

You can't talk to these people...it looks like they want to own as many houses as possible and show losses so that they can get some of the money being handed out...the first thing they did was a modification loan (now remember, we couldn't make the payments we had) and raised our payment from $594.00 to $615.00 per month (not too bad, but more than before) and we had to have papers signed and notarized to send back to them agreeing to pay the higher rate, then when the first payment coupon came in the mail, it was for the $615., the next day, we get another coupon in the mail that our payment was now
$1220. per month...now if you can't make a payment of $594, how in the "H" are we supposed to make a $1220 payment??? So I called them and they explained that they paid our taxes and that is what the payment is going to be...we offered to move out of the house and let our son move in and take over payments if they would lower them to a reasonable amount...they wanted no parts of that!!! Apparently they want to be in the real estate business...that does not leave us a lot of options...

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Comments

  • Sh
      18th of May, 2009
    0 Votes

    we have gone from 1, 600 to 3, 000 a month we will loose this house and our marige now they made everything worse shannon orcutt shablu44@yahoo.com

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