Tina
Euless,#2Consumer Suggestion
Wed, October 13, 2004
I am currently in a battle with Litton Loan Servicing. Basic approach is to drag out in negotiations as long as possible. In doing so they eat up your equity. They will make unreasonable offers they know you cannot meet, only to take you back to the table and again, burn the clock, and your equity. They are currently trying to take my home. When they do this they have buyers already in the wings. Who owns litton? Large bonding (insurance) companys, they sell homes like mine to make funds that assist in assuring bonds. I have been forced to file bankruptcy to try to save my home. One tactic that is listed on the site they used against me, was to buy my back taxes and add it to my loan add more penalties and intrest. I had sent Litton a written agreement between me and the county for a payment plan the county had agreed to, but they wanted to eat up as much equity as possible, so they bought the taxes anyway. They have done to me almost everything listed on that website, and if they are dragging their feet I would be very concerend. Let me give you an example of one of their offers they faxed to me. Before five o'clock on the day the offer was made, pay them $20,000.00 and we could resume normal payments or $8,000.00 by days end and $2,800.00 per month (regular payments $1,275.00. The payments were subject to change without notice and at anytime, as often as they deemed necssary. At anytime these pyments were not meet by cashier check or money order on the 20th (no grace period) they would have the right to take me back into foreclosure. I was looking for Gotti's signature at the bottom. Again to say they made offers, however, they have my finacials and know I could not comply and would not. Beware!! I have a loan negotiator who told me he had a client trying to assume a loan, so his friend would not get foreclosed. Litton said they saw no problem, they would work it out. Dragging the process on until the day before foreclosue and then turned him down. Needless to say his friend lost his home. I would like to see as many people, politicians and media, ban together to try to stop this. I am placing a complaint with HUD, who sued Fairbanks and a list of others. Feel free to email me for the list or any thing else related to this scam. Sincerly
Tina
Euless,#3Consumer Suggestion
Wed, October 13, 2004
I am currently in a battle with Litton Loan Servicing. In my research I went to www.msfraud.org/how they steal your homes. Basic approach is to drag out in negotiations as long as possible. In doing so they eat up your equity. They will make unreasonable offers they know you cannot meet, only to take you back to the table and again, burn the clock, and your equity. They are currently trying to take my home. When they do this they have buyers already in the wings. Who owns litton? Large bonding (insurance) companys, they sell homes like mine to make funds that assist in assuring bonds. I have been forced to file bankruptcy to try to save my home. One tactic that is listed on the site they used against me, was to buy my back taxes and add it to my loan add more penalties and intrest. I had sent Litton a written agreement between me and the county for a payment plan the county had agreed to, but they wanted to eat up as much equity as possible, so they bought the taxes anyway. They have done to me almost everything listed on that website, and if they are dragging their feet I would be very concerend. Let me give you an example of one of their offers they faxed to me. Before five o'clock on the day the offer was made, pay them $20,000.00 and we could resume normal payments or $8,000.00 by days end and $2,800.00 per month (regular payments $1,275.00. The payments were subject to change without notice and at anytime, as often as they deemed necssary. At anytime these pyments were not meet by cashier check or money order on the 20th (no grace period) they would have the right to take me back into foreclosure. i was looking for Gotti's signature at the bottom. Again to say they made offers, however they have my finacials and know I could not comply and would not. Beware!! I have a loan negotiator who told me he had a client trying to assume a loan, so his friend would not get foreclosed. Litton said they saw no problem, they would work it out. Dragging the process on until the day before foreclosue and then turned him down. Needless to say his friend lost his home. I would like to see as many people, politicians and media, ban together to try to stop this. i am placing a complaint with HUD, who sued Fairbanks and a list of others. Feel free to email me for the list or any thing else related to this scam. Sincerly
Tina
Euless,#4Consumer Suggestion
Wed, October 13, 2004
I am currently in a battle with Litton Loan Servicing. In my research I went to www.msfraud.org/how they steal your homes. Basic approach is to drag out in negotiations as long as possible. In doing so they eat up your equity. They will make unreasonable offers they know you cannot meet, only to take you back to the table and again, burn the clock, and your equity. They are currently trying to take my home. When they do this they have buyers already in the wings. Who owns litton? Large bonding (insurance) companys, they sell homes like mine to make funds that assist in assuring bonds. I have been forced to file bankruptcy to try to save my home. One tactic that is listed on the site they used against me, was to buy my back taxes and add it to my loan add more penalties and intrest. I had sent Litton a written agreement between me and the county for a payment plan the county had agreed to, but they wanted to eat up as much equity as possible, so they bought the taxes anyway. They have done to me almost everything listed on that website, and if they are dragging their feet I would be very concerend. Let me give you an example of one of their offers they faxed to me. Before five o'clock on the day the offer was made, pay them $20,000.00 and we could resume normal payments or $8,000.00 by days end and $2,800.00 per month (regular payments $1,275.00. The payments were subject to change without notice and at anytime, as often as they deemed necssary. At anytime these pyments were not meet by cashier check or money order on the 20th (no grace period) they would have the right to take me back into foreclosure. i was looking for Gotti's signature at the bottom. Again to say they made offers, however they have my finacials and know I could not comply and would not. Beware!! I have a loan negotiator who told me he had a client trying to assume a loan, so his friend would not get foreclosed. Litton said they saw no problem, they would work it out. Dragging the process on until the day before foreclosue and then turned him down. Needless to say his friend lost his home. I would like to see as many people, politicians and media, ban together to try to stop this. i am placing a complaint with HUD, who sued Fairbanks and a list of others. Feel free to email me for the list or any thing else related to this scam. Sincerly
Rose
Odessa,#5Consumer Suggestion
Mon, December 08, 2003
In dealing with Litton Mortgage Co., I have found that they service loans, they are not the originators. You need to ask them who is the investor that holds the note, their address and phone number.