Southern Belle
Cullman,#2Consumer Comment
Fri, November 18, 2011
One of my mortgages was sold to NationStar a little over a year ago. It was originally with Suntrust. (My husband and I currently have two mortgages on two homes, but the one with NationStar was mine before we married. We are looking to sell it.)
In the year or so I've been dealing with them, I've had no problems whatsoever. They've only called me one time, and that was when I scheduled a payment one day after the due date - an oversight on my part, as I forgot to schedule the payment a few days earlier as I had planned. But the man who called was very friendly, saying he was just making a courtesy call to remind me of my payment and to see if I needed any help. I told him no, that I just forgot to schedule it when I had meant to and that I wasn't having problems paying. He said fine, and that was that.
One time I had a question about something and emailed them through their web site. They responded promptly and politely, answering my question fully. So I've not had any problems whatsoever with them. Now, if I was habitually paying late or not paying at all or something like that then I'm sure they would be treating me differently - but that's to be expected.
As for the interest-only loan you have, I don't know a lot about them. But I wonder if the insurance you're talking about is PMI (private mortgage insurance) which is meant to protect the lender if you default on your loan. PMI is usually taken out on mortgages with less than 20% equity, I think.
At any rate, I just wanted to share that I've had good experiences so far with NationStar Mortgage.
Diogenes
Averill Park,#3Consumer Comment
Fri, November 18, 2011
When you find out what a class action suit actually is, let me know. Geeeezzzzz. Morons, idiots and fools.
CA mom
HIGHLAND,#4Consumer Comment
Thu, November 17, 2011
The more time I spend on-line, the more I realize I am not alone. I would love to be part of a class action suit.