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  • Report:  #62985

Complaint Review: Fairbanks Capital Corporation

Fairbanks Capital Corporation Fraudulent Lender We need to start a class action suit in Wisconsin Salt Lake City Utah

  • Reported By:
    Onalaska Wisconsin
  • Submitted:
    Tue, July 08, 2003
  • Updated:
    Wed, July 09, 2003
  • Fairbanks Capital Corporation
    PO Box 65250
    Salt Lake City, Utah
    U.S.A.
  • Phone:
  • Category:

Fairbanks Capitola assumed our mortgage. We were immediately behind. They have since tacked on late charges and posted payments late so they could charge additional charges.

Fairbanks then stopped accepting payment altogether, and claims I am in default. We have received foreclosure notice.

I am not the only one in this situation. Where is the government when we need them?

Hubert
Onalaska, Wisconsin
U.S.A.

1 Updates & Rebuttals


Robin

Waldron,
Arkansas,
U.S.A.

Here is the Government!! Please file your complaint here too..

#2Consumer Comment

Tue, July 08, 2003

Finally, a Senator that cares. Please use this link to have your complaint logged. The mortgage industry is a scandal and a disgrace to America and all citizens of this country.


"DOJ ASKED TO HELP WITH FAIRBANKS
A veteran lawmaker has asked the Department of Justice to assist a Department of Housing and Urban Development probe of Fairbanks Capital Corp. The request came in a June 12 letter from Sen. Barbara Mikulski, D-MD, to Attorney General John Ashcroft. I believe that the Justice Department, working with the HUD Inspector General, can achieve justice for the victims of Fairbanks and root out the fraud that is currently destroying lives and communities, Mikulski said."

(This excerpt comes from "Inside B & C Lending" Vol. 8 Issue 12, dated 06/09/2003. )

The Community Law Center is acting as a clearinghouse for complaints against Fairbanks and others: (Ocwen, Homeside, HomEq, Wells Fargo Conseco; all mortgage servicing complaints are compiled here)

http://www.communitylaw.org/clearinghouse_process.htm

There are detailed, step-by-step instructions on what to do and how to do it.The tracking information will:Provide homeowners and consumer advocates with a sound basis to support requests for state investigations. Ensure that state and federal regulatory and law enforcement agencies aggressively pursue their current investigations. Provide the impetus for hearings on a national level to address the issues raised in the complaints.

The Law Center will track the volume of filed complaints by state.Personal information contained in complaints received by the Law Center is confidential and will not be released without your consent.

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