Homecoming had us in a repayment plan for a year. All payment were made on time with the exception of the very last. It was 5 days late.
Homecomings said they would no longer adhere to the agreement and to retain my house I must come up with $29K. We had some family medical problems and the money was just not there. We tried several times to come up with a plan. Homecoming was determined to foreclose.
In the last 4 months I have had to talk to 5 different people with Homecomings, only to fined out that the previous person no longer worked with Homecomings and they could not honor previous agreements.
Over the past year we paid $31K and not a sent went to principle. Homecomings had $15K stored in escrow account and when I complained about that it disappeared. They charge me for insurance they said I didn't have and I did the whole time. I have home owners insurance with State Farm. They sent proof, I sent proof. Homecomings would continually loose the FAX even though I had a confirmation of receipt.
This is and example of big business doing what ever it wants. Homecomings has foreclosed on me. I am at a loss. I have 2 new cars and the rest of my credit is good. You cannot win or even stay alive when the situation is unfair.
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