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  • Report:  #258603

Complaint Review: Homecomings Financial - Dallas Texas

Reported By:
- Elkton, Maryland,
Submitted:
Updated:

Homecomings Financial
2711 N. Haskell Avenue Dallas, 75204 Texas, U.S.A.
Phone:
214-307-5097
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
My close friend and his family are being evicted from their home after make all house payments on time and in full for the last 2 years.

At first I had a seriously hard time believing what he and his wife told me until I began to do some reasearch on Homecomings Financial and also Litton Loan Services LP. The court system is literally helping these predatory lenders steal peoples houses despite the fact ehy're making the payments on time and everytime.

The cases you're reading on here are very real as I can attest to after seeing this personally and tragically happening in front of my own eyes. Because of the size and amount of investigatory practices for a case like this, California has basically thrown out the class-action lawsuit court case in there state with no explanation at all.

Right now after talking to several people, the only hope is that a lawyer can temporarily apply an injuction against the eviction order which at best will only temporarily buy them some time. Meanwhile many of these predatory lenders use a practice in the mortgage industry called Forbarence to get the homeoner to commit to exhorbitant payments.

In my one friends case, they're literally telling him his house has already been sold without any notification by anyone of the problem. He has both himself, his wife, his 2 dogs and 2 year and 9 year old sons with absolutely no where to go.

The more I think about all this the sicker I get. Is it only a coincidence the company just happens to be in Dallas, Texas? Yep, the very same state that a Village Idiot calls home, despite the fact he was born in Connecticut.

I sincerley hope that at least if you look through these compaints, you'll see a blatant disregaurd for the law and how truly greedy these two companies are.

It would appear that there is no serious class action lawsuits going on which further helps the rich to become the filthy rich.

William

Elkton, Maryland

U.S.A.


1 Updates & Rebuttals

William

Elkton,
Maryland,
U.S.A.
Update to Homecomings Financial

#2Author of original report

Sun, July 08, 2007

One of the prior mortgage companies in the legal process of this house closing was GSF Mortgage. Their mortgage broker or CMPS Dan Norris in tandem with is brother Doug Norris took money from my friends to allegedly set-up their escrow account. AT closing time when the paperwork was being done the money for the supposed escrow account magically never happened according to Dan's brother Doug and the money was stolen. To further aggravate the situation the closing contract stipulated that the potential homeowners could bring no legal action against anyone concerning the house for one year. According to the law that would give them only two days to even file a complaint and gather all the necessary paperwork together. The problem here is the homeowners also sign away their right to notification of any legal proceedings on their behalf or against them. This allows Homecomings Financial to move in as the legal note holder and then process a foreclosure before the client is even aware of the legal proceedings. The house is then sold and the legal owners are evicted losing all monies and rights against the criminals. Legal? Apparently so once the contracts been signed. Immoral? Absolutely and bad business practice to leave a family with 2 children completely homeless!

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