gheinze
duncan,#2Consumer Suggestion
Sun, February 02, 2014
First- I am in finance and not ignorant to the laws that are supposed to protect consumers. You are right , however the lender still has some rigthts and you would have to pay for another appraisall which is a convoluted avenue that was supposed to protect the consumer from unfair and inaccurate appraisals. Instead I would suggest 1) you file a complaint with the CFPB. Give them as much factual information and also refer them to rip off reports. . 2) See if a class action lawsuit exists as I too am ready to file a lawsuit against this company for keeping escrow on an account they bought from BOA and solicited us as a Harp11 loan.They file under the stock exchange under EVER. Consider filing with the stock exchange. The violation they did with us violates RESPA. If they are in the billions imagine how many other they took advantage of. We were told we would get back our escrow and later told after over 6 calls to the servicing that they did not have to disclose this because the type of the loan .They also told us that they didn't know if it was a public company. They also told us that they didn't have to give us money back from the old escrow for which it was verified we would be getting back before closing and our own attorney verified as well.This is over $3500.00 Their numbers at closing changed from the original disclosure and this is also a violation of RESPA and the Fair truth and Lending.