Homecomings Financial is about to foreclose on my house too. Starting at the beginning, they pulled the old bait and switch... Told me they could lower my payment by at least $300.00 then when the time came to sign the papers they informed me they had to break it up into a first and second mortgage. I should have told them to take a flying leap then, but it was too late as I had purchased a car thinking I would be saving money (this was my own fault). I had no choice at this point but to go ahead with it.
They charged me for insurance that I did not need for 6 months until I threatened to report them to the BBB. Also, because I am paid every 2 weeks and not on a certain date I incurred many late fees because my payment was a couple days late and these kept piling up. They were unwilling to work with me around my payment schedule. Then the worst thing happened, my mother who I had been caring for passed away and I had funeral costs that made me late again. I sent them a check for a half payment to be put toward my account. It was put in some holding pattern and never applied to my account. I instead had to make a full payment and a half to get current... Plus more late fees.
Finally, I was out of work for 1 month with tendonitis in my wrist causeing me to fall behind on everything. I have been trying to catch up but now they are threatening foreclosure because I am not able to keep up with the payments any longer. I have been trying to work out a plan to make up the payments and the best they could give me was 3 double payments to stop foreclosure. I secured this by giving them a check by phone. They took out a full payment which was supposed to come out starting 7/13/08 on 6/16/08. This caused my checking account to be overdrawn and now there is no possible way to make the next payment, when you add in the $300.00 in over-draft fees that I incurred as well.
I am at a loss as to how to handle these people but I hope they enjoy their stay in Hell because they have put me, my 5 and 10 year old daughters and my girlfriend there now. If anyone has a suit agains these people I would love to be a part of it. I cannot believe that business practices such as these are allowed to happen. If you deal with these people I feel sorry for you, as they have no pity.
0 comments