America's Servicing Company
They do not do what they agree upon, even under signature, liars

I recently was defrauded by a contractor for nearly $176,000. He was arrested. As a result, I was unable to continue to pay a $2680 monthly mortgage note. Prior to missing my first payment, I requested ASC to accept a Deed in Lieu of forclosure via my Attorney. After 2 weeks of not hearing anything, I called them and they denied receiving this correspondence. I submitted the letter again along with all the documentation requested. This all started in May.

The original correspondence clearly stated that I desparetly wanted to maintain my good credit. Did I mention I was giving up approximately $150,000 in equity in the house.

Finally in August of ASC's Attorneys (Law Office of David J. Sterns) contacted my Attorney and stated that ASC would accept a Deed in Lieu of Forclosure. On August 24th I signed the Deed. My attorney attached a cover letter with this deed which clearly listed my contingencies. These contingencies were that ASC would remove any negative credit they reported in reference to this loan, provide a Satisfaction of Mortgage and release us from the Note Obligation. This letter even stated I was giving them the $150,000 in equity so they would repair mine and my wifes credit.

The deed was signed and then Recorded in Clay County, FL.By them signing the Deed they agreed to my contingencies.

On 10-12-06, I was told by Charlene Henson of ASC that they would not honor the contingencies. She stated that their reason was because the original contact was for a Deed in Lieu of Foreclosure which did not include anything about my credit.

I attempted to point out to her that if ASC did not agree to the Contingencies, then they should not have signed and recorded the deed. She did not care. It was not until later that I re-read my original correspondence and discoverd that on the 2nd page, the 2nd paragraph I clearly stated that "I desparately want to keep my good credit".

The fact that this was in the 2nd paragraph is proof that I did speak of keeping my good credit. However, that doesnt matter. When they signed and recorded the Deed, in which my contingecy letter was attached, they accpeted the contingencies.

I have been given the run around and lied to for the last two months.in my opion ASC are a bunch of Crooks!

Unfortunately my attorney does not do any sort of litigaiton. I am so financially strapped that I cant afford to hire another attorney. My only recourse is to file complaints with every State and Federal agency to have ASC investigated and Audited to see if they have defrauded any other customers.

I can prove everything I have said in this letter and would gladly do so upon request.

Company: America's Servicing Company
Country: USA
State: Iowa
City: Des Moines
Address: P O BOX 10328
Phone: 8033696408

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