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Fairbanks Capital Corporation ripoff 10 yr mortgage sold after 5 yrs, ends up in nightmare mistreated and ripped off Louisville Kentucky
I have a 10 yr mortgage (5 remaining)which was fine until my mortgage was sold to Fairbanks Capital...that's when my nightmare began.
Suddenly, my payments were "late, never received, and then 2-3 months behind" I was forced to sign a forebearance and pay over $2,400 plus their attorney fees,etc to keep my home.
After signing and paying the lump sum of money, I was then served foreclosure papers. I hired my own attorney who contacted this law firm and the foreclosure was dropped because I had proof of all payments. Before actually receiving legal papers from their attorney dropping the foreclosure action; I was served again by another attorney with a different law firm for foreclosure again and it had only been one week between dropping the first foreclosure to serving the second for the same reasons except this time I also had force placement homeowner insurance added (which I had).
I then had to rehire my attorney to fight with this law firm to again prove my innocence. My attorney has proof/copies of all payments made in the past two years and current homeowners insurance that was always in force.
This law firm (after two long yrs.) has agreed to drop the foreclosure action, admitting to be at fault and agreeing to repair my credit and write letters admitting they were in error; repay our attorney fees and obsorb their own expenses which has not been done to date.
In the mean time this has cost me alot of un-necessary expenses embarrassment, sleepless nights and being turned down for credit, copies of legal court documents being sent to my home owners association, my name being printed in the local newspaper for foreclosure actions and all along I was innocent.
My home has been appraised for $162,200...I only owe $17,000. (first mortgage). Is there any wonder why these people are working so hard to take my home????
THIS CORPORATION NEEDS TO BE HELD ACCOUNTABLE FOR THEIR ACTIONS AND MADE TO PAY FOR THEIR DELIBERATE INTENTION TO TAKE ADVANTAGE OF PEOPLE! (this is only a brief statement of my case)