Bjones
Atlanta,#2Consumer Comment
Tue, May 12, 2009
I experienced a similar situation with ASC. I had an adjustable rate mortgage and before I was ever late, I requested a modification to a fixed rate mortgage, because the market was falling and I had tried refinancing but loans were extremely difficult at that time. Inevitably, my mortgage went into default, and I made every attempt to reach a reasonable resolution with ASC, but was denied and ignored (they also told me they were working on a hardship package that never came through). Eventually, they agreed to a loan modification and sent me the information in the mail two days after they auctioned my house off. They had all of the numbers worked out for a modification that was available because they received bail-out money. I contacted them immediately and told them I had just received the letter approving a loan modification and they said its was too late. Why would they allow my house to be auctioned off if they were working on approving a loan modification during the same time period????
Ant Jacq
Stanton,#3Consumer Comment
Fri, April 10, 2009
I watched the CFO of Wells Fargo, Howard Atkins, on the news http://www.msnbc.msn.com/id/21134540/vp/30135464#30135464 Wells Fargo is patting themselves on the back stating that they have a RECORD profit for the 1st Quarter of 2009 of 3 BILLION of our US Dollars. I personally believe this is "Blood Money". They are killing the "worker bees" of America by taking our houses and not working with us. Read the complaints regarding ASC. ASC is owned by Wells Fargo but if you ask an employee of ASC, they will deny it. ASC is where Wells Fargo hides all of their dirty laundry and back stabbing. I believe that they are making a profit because they are taking our homes through forclosures, forcing us to be responsible for the remaining balances and then reselling the properties at a lower cost. The balances they can mark off as a loss and make money on the back end as well as on the front end. Isn't this how they got the BAIL OUT MONEY? This is the way we got into this mess? Subprime loans where brokers get money on the front and back ends? Read a HUD1 from the sale of your house, is shows it right there if you know how to read it. (I am a mortgage Funder, I know how to read it if you need help, email me). This is what Wells Fargo is doing and throwing it in our faces by stroking themselves on TV News stating how wonderful they are doing. Why was there no mention of ASC and their corrupt "Loan Shark" way of collecting loans and NOT approving Loan Modifications or Loss Mitigation? Mr Atkins, I would like to ask you a few questions if you want to email me. I bet MSNBC won't put my questions on the news now will they?
Brilynn
Pahoa,#4Consumer Comment
Wed, January 23, 2008
Hi Unlike you it is happening to me too, I think we can do something but it requires an attorny and a petition against ASC to be taken to the supreme to hear everyoes side.. I am in Hawaii which makes it harder for to start any perceedings because thier main branch is on the Mainland (USA) I am willing to sign any petition against ASC. But it requires everyone who is going through this or has happend to, to help on this. I noticed a lot of people came here to report it so everyone here should help with ths petition and finding an attorny (all we need is one attorny who is willing to fight against ASC) I am also sure that it is happening to many other people out there, if you know of anyone that did not report it let them know that something can be done with a petition... Please email me (((ROR redacted))) Thanks.. CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.