I am writing on behalf of my elderly mother who has the misfortune of having a mortgage being held by Fairbanks Capital Corp aka WMC Mortgage aka Loan Servicing Center.in June they put a forced placed hazard insurance on my mother's loan, despite her having mortgage insurance and we sent them proof of it. She didn't find out, well shall I say I didn't find out about this mess until August and ever since then I have been fighting these people to straighten this mess out.
First of all I have sent 6 different faxes where my mother is giving my authorization to handle and speak on her acct, they have not one showing on there where I am authorized to handle her acct. Every month my mother is sending them 878.71 on a 88k loan @11.50% interest, what kind of crap is this??? Since June they have been taking her money 878.71 putting it in a suspense acct and waiting till the next month to take that money and then apply 1214.00 to an escrow acct, where they say they have paid some property taxes.
Ok fine, but when I tried to get them to work with her on setting up a repayment plan and after promises of them doing so it hasn't been done. According to our records we only owe Nov and Dec payments, but yesterday we got a letter from an attorney saying they have put the house in forclosure, they are wanting almost 5700.00 and when I ask where they got these figures I get no answer or explanation. HELP what can we do to save her house? She can't afford an attorney, really and I have tried everything in my power to help her. I am in the process of seeing about getting a refi for her, but I have to act fast as they are looking to steal her house.
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