HomeComings Financial inaccurate application of my payments claims that I must verify payments dating back to December 1999 threatening foreclosure during time that my bank is researching cancelled checks San Diego California
I contacted HomeComings, requesting my payment history and the payoff amount. I indicated that I wanted to refinance at a lower interest rate. After several months, Homecomings sent notification to me that they had audited my account and that I was six months behind in my payments and that if I did not pay over $13,000 within one month that they would intiate foreclosure proceedings.
In contacting Homecomings, they said that the missed payments included one date in 1999; one in 2000; two in 2001 and two in 2002. I contacted my bank and requested copies of these checks; however, the bank has changed ownership and this will require possibly several weeks to research and the charges are based on the number of hours it takes to complete this. In the meantime, HomeComings has responded that they are proceeding with legal action.
I think that they do not want to have this loan paid off because it is at 14% interest rate.
Anne
Philadelphia, Pennsylvania
U.S.A.
4 Updates & Rebuttals
Debra
Mobile,Alabama,
U.S.A.
This is exactly what is happening to us
#5Consumer Comment
Wed, September 29, 2004
Your situation is alot like ours. We have been trying to get some kind of statement of our account from Homecomings for over a year. Now all the sudden they sent a forecloser notice saying we owed payments back to 2002. They applied our May-Sept 2004 payments to the back payments they say we owe and are now wanting over $4000.00 or they will foreclose. We went through this with them once before and proved all of our payments were made. Now I am having to do the same thing again. I am so tired of the worry of this and don't know where to turn now. Hope everything worked out for you.
Anne-marie
Williston,Vermont,
U.S.A.
this is exactly what they are doing with me
#5Consumer Comment
Fri, July 30, 2004
in the year 2000, we closed our loan and it was bought by homecomings...the amount of loan was $119,000.00...to make a long story short, we were forced into bankruptcy because of a failing business we had...we found a finance company who is willing to refinance us, pay off the trustee so we can get out of debt and bankruptcy and start over, and when this refi company called homecomings for the payoff, they said it is $147,000.00 and our payment is next due for august of 2002!!! i tried to find all my receipts, there is NO possible way we are almost 2 years behind...they added on hazard insurance 4 times...all kinds of fees, that make NO sense at all...
you need to contact an attorney and get this taken care of...this company needs someone to step in and investigate them...something is definately wrong here...i have 2 years remaining on my bankruptcy, and homecomings or the citicorp never filed a lien on my property...i have my bankruptcy lawyer involved, and i am not going down with out a fight...i will go to the media if i have to..i do have the dept of banking in my state of vermont involved...and this site is great...i am telling everyone i know about it...and i do believe if we all stick together, we can stop these crooks from robbing us blind, and trying to steal everyone's house from them...they are heartless, and with all the complaints i have been reading on here, i am amazed they are still able to operate in this country...
[Place your comments below and be sure to include your FULL contact information so Rip-off Report can contact you.] i invite anyone who wants to contact me, because i am looking into the option of a class action suit...i am researching how to do it..and if there is a way, i will do it.
i will pray for you (don't forget- God is stronger then the devil-and they are surely all possessed!)
S.n.
Bucyrus,Kansas,
U.S.A.
Excuse Me, But...
#5Consumer Suggestion
Wed, July 28, 2004
Knowing the mortgage industry (as most of those posting have learned the hard way), I find it impossible to believe that this person "missed payments" as far back as 1999 and Homecomings did nothing about it. The response posted by Homecomings appears to be a standard response they most likely use for everyone. I think I would continue working with the bank to get copies of the checks, advise Homecomings in writing with a letter from the bank, certified mail, return receipt requested. If they did receive these payments and you get the proof, you might wish to seek legal assistance. I don't believe you missed all of the payments you have listed without Homecomings doing something about it.
Rosemary
Dallas,Texas,
U.S.A.
Rebuttal...we want to partner with you to ...understand ..a mutually beneficial solution?
#5UPDATE Employee
Tue, July 27, 2004
Homecomings Financial appreciates the time you have taken to express concerns regarding the status of your mortgage. We understand that you may be facing challenges in your own life, as unforeseen obstacles might have affected you financially. Please know we want to partner with you to reach a mutually beneficial solution. As such, we encourage you to contact Homecomings Financial at the address below to receive more information regarding the custom solutions we can offer you.
Homecomings Financial
P.O. Box 890036
Dallas, TX 75389
Attention: Priority Correspondence
Your correspondence will be prioritized for special handling, and we will respond as soon as possible. We look forward to hearing from you.