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Saxon Mortgage Services, Inc. / FALSE LOAN MODIFICATION

1 4708 MERCANTILE DR.N.Fort Worth, TX, United States Review updated:
Contact information:
Phone: 1-800-594-8422

No lien holder of record with the two companies that they say have my loan modification. I checked with J.P. Morgan today. they have no record of a loan modification that was supposed to take place 8-1-08, I sent back the loan modification papers on 7-22-08 with a check for $1704.00. Despite repeated requests, they refuse to send me back the loan mod papers signed by J.P. Morgan Chase. Now, I know why, I do not have a loan mod with Chase per my conversation with them today, October 8, 2008.
Spoke with Erica. I received a letter from Saxon on 9-18-08 stating that my lien holder was Wachovia and they were foreclosing on 10-18-08. I called Wachovia today and spoke with Ellen Maslar. I have no loan with Wachovia. On 9-2-08, I spoke with Rosa from Saxon, she said I was still in loan modification and not to worry about the payments. Meritech has reported me late as of July, 2008. I was in loan modification then. I have filed a class action suit against Saxon with Craig Hosay, Esquire . My congressman, in Florida, has filed a complaint for me with the Department of Financial Services. I have been advised by an attorney, not Mr. Hosay, NOT to send them any money until I have fully executed documents and disclosures signed and notarized by all parties. I talked to Andrew, supervisor at Saxon last week. He admitted that he did not know who my lien holder was. Asked me to fax letter dated 9-18-08 to him and he would get back to me. As of today, he has not done that. Still, they are foreclosing on the 18th of October. I wonder who is foreclosing on me and for what reason. I either have no loan at all, which is hard to believe, or I am still in loan modification, which must be the case. I am confused. i believe that i will be receiving help on this from the State of Florida and from Mr. Hosay. Hope this helps some of you. I will keep this site apprised of any new developments.

Ch
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Comments

  • Ch
      30th of Sep, 2008
    0 Votes
    Saxon Mortgage Services, Inc. - Loan modification
    Saxon mortgage Servies, Inc.
    4708 Mercantile Dr. N
    Ft. Worth
    Texas
    United States
    Phone: 1-800-594-8422

    Submitted my loan for modification on 12-07. Filled out all paperwork. Never heard from them. resubmitted in 4-08. They supposedly modified loan starting 8-01-08. Fedexed them the paperwork and sent a check for $1704.00. This amount was never applied to my account. My escrow payment went from $133.00 to $550.00. Be very careful if you do a loan modificaion with them. I have nothing signed by them showing that my loan is modified, payment never applied to my mortgage, was told today that it went to late fees. If I send them money now for the P&I, I do not feel that it will be applied to my mortage. They also sent a letter that states I am now with Wachovia Bank, previously it was Meritech. I have no idea if I have a mortgage or who it is with. All that I know is that I can send payments for something that I do not have a valid contract for and where my payments are going for late fees and none of the mortgage. A company can foreclose on you for late escrows as well as late mortgage payments. I have been taken on a bad ride.

  • Mo
      20th of Oct, 2008
    0 Votes

    did anyboy knows the email address of Saxon contact and their fax no. thank you.

  • Be
      6th of Aug, 2009
    0 Votes

    To avoid misunderstanding, please be advised that the law office of Craig Hosay has NOT yet filed a class action suit, as indicated in a previous post. Although the office is still reviewing data to assess the viability of any legal action, a suit has not been filed at this time.

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