Fairbanks was reporting me 30 days late on payments not recieved by the 16th of each month.
They also would take money from monthly payment to spread over some other obscure fee causing payment to come up short and no matter the amount short the payment would sit in a limbo account and fairbanks would notify by mail after the 16th of the month that the payment was not a full payment.
After Mortgage was sold to Fairbanks in JAN 01 fairbanks claimed That I was Behind over $5000.00 and needed immediate payment or they would start forclose procedures.
Made agreement with fairbanks to pay two payments per monts on the 25 of each moth. This agreement was made and still I was reported late for each of the first 6moths of the year.
In total they destroyed my credit report so when I sold the home I was unable to purchase due to the asking downpayment and interest rate.
My wife and I will again try to purchase a home in September but we are unable to get Fairbanks to amend the report and make a fair and accurate report of our payments.
Fairbanks also insisted I make a payment and posted it even after the loan was paid in full and in order to avoid further negative reports I sent them the payment and it took months for them to send payment back.
Got channel 7 news involved and company exec. Promised to rectify problem he did not.
Finally when Fairbanks purchased the loan in 01 I had an escrowed account they claimed that I did not and installed an insurance policy on the home until i could find proof that I actually did have insurance.
I finally did find proof of the policy and was never sent a refund for the amount of money paid for the policy it was applied to my payment and not the principle of the loan.
To the day I moved I was being sent bills for state county and local taxes that was all in the escrow account.
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