21st Mortgage
One Wish? Poof You're Gone!

21st Mortgage is the lender on our home. We bought it in 2007 and have paid 14 notes. Only ONE (1) note in 14 months has been over 30 days. It was due on March 1st, went into default on April first and both March & April notes were paid on April 15th.

I LOATHE this company. They are rude, annoying and totally not consumer friendly. They call up to ten times a day on my cell, my home, my relatives and workplace. Out of 14 months I "defaulted" once, cured that default and continued the payments. Because of my pay schedule I cannot pay the note on the 1st of each month, but with the exception of that one month it always gets paid within that month!

When they call, they try to "bait" me into an argument that I am sure they are taping... I end up losing my religion on them and cuss and scream!!! I hate that they push my buttons.

My question is: if anyone knows this answer please email me back: The contract tells me that I am only allowed two (2) defaults in one (1) calendar year. OKwhat happens if there are three (3)???

I live in Texas and the State's foreclosure law states that: "Prior to procedding with a foreclosure, Texas Law states that the lender must mail the borrower a letter of demand, informing the buyer he has twenty (20) days to pay the delinquent payments or foreclosure proceedings will begin. At some point after the borrower's twenty (20) days have expired, but at least twenty-one (21) days before the forclosure sale, a forclosure notice must be: 1) filed with the county clerk, 2) mailed to the borrower at their last known address, and 3) posted on the county courthouse door."

Ok I understand, sort of, what that essentially is saying, but what I don't know or understand is:
1) when I "default".. I.E... Not make the payment on the assigned due date (or after it's 30 days late, I assume)... How does the company legally only give me two (2) defaults a year?
2) Can I cure any "default" before the twentith (20) day after any default and continue the contract... OR can they accelerate the loan after I have "defaulted" more than twice?
3) Does the State of Texas protect the forclosure proceedings on property that is truly being paid for on a regular monthly increment?
4) Can I write a legal letter asking to only be contacted by letter or email, rather than by phone and not be in "default"?
5) Can I be defaulted on my loan on the 2nd of the month if I am current on my payments, but the said payment was due on the 1st?

Also, if anyone is experiencing this, please post!!! The bill collectors in this company tell me all the time that 21st Mortgage is not a forclosure company that they are a Mortgage company, but they sure do throw around the word "foreclosure" enough to rattle anyone's chain!

Another point I would like to make, I checked my credit report and in 14 months, 21st Mortgage has never shown us late or any negative points. (even when we were supposedly in "default".) How can this be??? If we are such a liabilty to their company, why are they not reporting us???

If anyone can answer any of my questions, please do. Thanks!

Company: 21st Mortgage
Country: USA
State: Tennessee
City: Knoxville
Address: PO Box 477

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