Gmac Financial Service Fraudulant attempts to foreclose due to their internal errrors. They will not talk to you!! ripoff Waterloo Idaho
I found myself in foreclosure, having NEVER missed a payment. I first thought my payments were diverted to the wrong persons account.
I had to deal with GMAC attorneys, who also could not explain the reason for the foreclosure. To save my home,I pain $12,500 to GMAC and their attorney, dispite providing every cancelled check.
After over 60 phone calls, all I could understand, was that they hired a new insurance tracker in Jan 2003, who purached a policy for my home, which was covered by two policies, that I pay for. Never a lapse of coverage. The policy GMAC purchased cost more than twice of what I paid for the same coverage. This still does not account for $12,500.
I could not afford an attorney to research the reason and get me my money back. (big companies know this).
The nightmare continues. This past Feb, I get a new payment book and an escrow account, which I never had and did not want. GMAC claims my last quarter taxes for "2003" were not paid.
I found this out when I paid 2004 taxes to my municipality, like I do every year,and they sent my money back, stating that GMAC already paid my taxes.
Dispite the tax office stating I had no arrearages in taxes, I cannot resolve this matter.
If I was older, weaker or did not have a good job, I would have lost my home, and never knew why. This company has some real scams going, and why not? They know we can't defend ourselves. I am willing to participate in any litigation to address the horror stories I have read on this forum.
Wouldn't some justice be sweet.
Marie
port monmouth, New Jersey
U.S.A.
7 Updates & Rebuttals
Julie
Guthrie,Oklahoma,
U.S.A.
federal government agencies that govern the type of loan you have and generally will intervene/investigate on your behalf
#8Consumer Suggestion
Thu, May 26, 2005
Depending on what type of loan you have, there are federal government agencies that govern the type of loan you have and generally will intervene/investigate on your behalf.
For instance, conventional loans are governed by the Federal Trade Commission.
FHA/HUD loans are governed by HUD.
VA loans are governed by VA.
Since you indicate you are not escrowed for taxes/insurance, it seems you have a conventional loan. Call and ask for an investigation. They will work hard to get this resolved. (They may not punish the mortgage company, a certain level of mistakes are expected for companies this large). But resolution would be a good thing! Good luck!
Julie
Guthrie,Oklahoma,
U.S.A.
federal government agencies that govern the type of loan you have and generally will intervene/investigate on your behalf
#8Consumer Suggestion
Thu, May 26, 2005
Depending on what type of loan you have, there are federal government agencies that govern the type of loan you have and generally will intervene/investigate on your behalf.
For instance, conventional loans are governed by the Federal Trade Commission.
FHA/HUD loans are governed by HUD.
VA loans are governed by VA.
Since you indicate you are not escrowed for taxes/insurance, it seems you have a conventional loan. Call and ask for an investigation. They will work hard to get this resolved. (They may not punish the mortgage company, a certain level of mistakes are expected for companies this large). But resolution would be a good thing! Good luck!
Julie
Guthrie,Oklahoma,
U.S.A.
federal government agencies that govern the type of loan you have and generally will intervene/investigate on your behalf
#8Consumer Suggestion
Thu, May 26, 2005
Depending on what type of loan you have, there are federal government agencies that govern the type of loan you have and generally will intervene/investigate on your behalf.
For instance, conventional loans are governed by the Federal Trade Commission.
FHA/HUD loans are governed by HUD.
VA loans are governed by VA.
Since you indicate you are not escrowed for taxes/insurance, it seems you have a conventional loan. Call and ask for an investigation. They will work hard to get this resolved. (They may not punish the mortgage company, a certain level of mistakes are expected for companies this large). But resolution would be a good thing! Good luck!
Julie
Guthrie,Oklahoma,
U.S.A.
federal government agencies that govern the type of loan you have and generally will intervene/investigate on your behalf
#8Consumer Suggestion
Thu, May 26, 2005
Depending on what type of loan you have, there are federal government agencies that govern the type of loan you have and generally will intervene/investigate on your behalf.
For instance, conventional loans are governed by the Federal Trade Commission.
FHA/HUD loans are governed by HUD.
VA loans are governed by VA.
Since you indicate you are not escrowed for taxes/insurance, it seems you have a conventional loan. Call and ask for an investigation. They will work hard to get this resolved. (They may not punish the mortgage company, a certain level of mistakes are expected for companies this large). But resolution would be a good thing! Good luck!
Amy
Pekin,Illinois,
U.S.A.
You might try this...
#8Consumer Comment
Thu, May 26, 2005
I don't know if you tried this, but you might want to contact the New Jersey State's Attorney Office. I just saw on my local news that our State's Attorney in Illinois is helping some guy with identity fraud. You are experiencing fraud too. I'd give it a try. If they can help you, it would be for free! Good luck!!
Amy
Pekin,Illinois,
U.S.A.
You might try this...
#8Consumer Comment
Thu, May 26, 2005
I don't know if you tried this, but you might want to contact the New Jersey State's Attorney Office. I just saw on my local news that our State's Attorney in Illinois is helping some guy with identity fraud. You are experiencing fraud too. I'd give it a try. If they can help you, it would be for free! Good luck!!
Amy
Pekin,Illinois,
U.S.A.
You might try this...
#8Consumer Comment
Thu, May 26, 2005
I don't know if you tried this, but you might want to contact the New Jersey State's Attorney Office. I just saw on my local news that our State's Attorney in Illinois is helping some guy with identity fraud. You are experiencing fraud too. I'd give it a try. If they can help you, it would be for free! Good luck!!