Here is a letter that I have sent to Senators Norm Coleman, Mark Dayton, Attorney General Mike Hatch, FTC, HUD, 20/20. I have also sent an email to Michael Moore (just thought he should know about these gangsters), Edelman, Combs & Latturner, LLC in Chicago
"Complaint аbout:
Fairbanks Capital Corp.
PO Box 65250
Salt Lake City, UT 84165-0250
My original loan was made with Conti Mortgage who sold the loan in 1997 to Fairbanks Capital Corp.in September I was sent a payment coupon for my mortgage for $748.85. I previous months payment coupon was for $672.18. When I inquired about this payment increase I was not given an answer, just that I needed to pay this amount. I sent my original payment with a letter stating that until I recieved a reason for this increase I would continue to send the orignial amount ($672.15) that had been agreed upon in the loan. I regret that I didn't save a copy of this letter. I continued to send this amount in october.
In a letter dated November 5, I recieved one of my checks back stating that they would not put the amount to my account because it was less than the full amount due and that the funds must be certified. Upon contacting FCC I still was not given a reason why my payment had been increased and that I was 3 payments behind and floreclosure could happen if I didn't pay these 3 back payments.
On November 22 I send 3 payments of $748.85 totaling $2259.00. I was informed that that amount would bring my acount current. For the next 3 months I sent $1200.00 on December 20, $1100.00 on January 27, and $1200.00 on February 22. This was to cover each months mortgage payment of $748.85, a attorney fee of $500.00 and later charges that had built up over that last few years even though I had sent my payment on time. I will admit I have been late on a few occasions, but by my calculations I would have had to be been late 25 times or more (25 @ $28 = 715.00. I had quit fighting this amount a while back and was paying it because didn't know what to do anymore. Total of all amounts due was $5708.10.
I was told that if I paid as I should I would be up date after the February 22 payment.By my calculations I sent $5759.00. All payments were sent Western Union Quick Cash with Confirmation Number which I used to confirm by phone with FCC Loan Servicing Center that they had recieved the payments.
When I recieved my payment coupon in March it stated that no late charges had been paid and that I still owned for January and February payments. I have since been trying to rectify this situation by phone with numerous people in the Loan Servicing Center.info I have recieved verbally from FCC as of March 15. The increase in payment is due to added property insurance that I never requested or needed, I have my own homeowners insurance for more that the value of my property (I was finally told the reason for the increase today over 6 months after my payment was increased). I have been told that even though they confirmed my February 22 payment it has not been applied to my loan as of March 15. That I was being referred to the Research Department (it will take 2-3 months to resolve my case) and that all further corresponsence would be through fax, and I would not be able to speak to anyone in person, only by fax. I would also continue to be charged late fees even though all of my payments have been wire transfers since November 22 and that I was still behind anywere from $1500.00-$2500.00 depending who I speak to. I am also contacting my state attorney general Mike Hatch about this company.
Thank You for any help you may be in this matter."
Lets get the word out in Minnesota. Contact you Senators, Attorney General, FTC, HUD, anyone who will listen.
Lets send these crooks back to whatever hole they crawled out of and regain or lives and freedom from the misery they have imposed on us
Scott
Duluth, Minnesota
U.S.A.
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