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  • Report:  #199821

Complaint Review: American Servicing Company

American Servicing Company non posting of received funds, unauthorized escow set up, increased Mortgage Payments ripoff Frederick Maryland

  • Reported By:
    Bayonne New Jersey
  • Submitted:
    Fri, July 07, 2006
  • Updated:
    Fri, July 07, 2006
  • American Servicing Company
    7495 New Horizon Way
    Frederick, Maryland
    U.S.A.
  • Phone:
    866-567-8440
  • Category:

In December I paid my mortgage. The bank payed it short ninety dollars, without notifying me they put my money int a suspense account, and reported me to the credit bureau as non paid, causing me to loose my refinancing deal. Then on a letter inquring as to setting up a tax escrow, without notifying me they set it up, and increased my mortgage payment by $1200.00 a month, bringing my payment to over $3000.00 a month.

Now after taking all the money that I had in my savings account with should have brought me current, they claim that i woe them over $10,000.00 and that are trying to forclose on my house. My wife and I have had a good paying record for over two years, until this mortgage was sold to ASC. They are crooks, and they think they can do what ever they want to good paying customers. They have ruined my credit, and I can not make any type of move to help my family.

R J
Bayonne, New Jersey
U.S.A.

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