Complaint Review: Fairbanks Capital

I have two peices of income property. The mortgages to both have been sold to Fairbanks. It has been a horible situation.

My escrow accounts are so screwed up That my homeowners insurance will be cancelled in a week on one of the properties even though I have thousands in my escrow acct. I had to send a personal check for it. On my other property I am late with my real estate taxes and they will not pay it. On that mortgage the two payments I have made they put in a suspense acct claiming my payments were not made in the full amount.

I sent countless faxes to their escrow department of all my HUD paperwork detailing how much my payments should be they ignore all paperwork They have just sent a demand letter on one of my properties I am at my wits end.

Even though It will cost thousands of dollars I am refinancing both Properties with another lender ASAp.

Cheryl
Desperate in Massachussetts
Southborough, Massachusetts
U.S.A.