This company recently robbed me of an opportunity to save a 156k in interst on my 1st mortgage. My rate is currently at a 7% on a 30 yr fixed and I was going to a 4.5% rate on a 15 year term. My Mortgage professional treid and tred to explain that this refinace did nothing but actually help CLC equity possssion by paying down the 1st mortgage balance faster. He and many others who contact CLC including myself, stated they have never dealt with a more unprofessional, ingnorant company, who are expected to know the ins and outs of the mortgage industy. My reifinace would have saved me a 156k, but the only thing that provented it was CLC's denial of a "suboirdination request" (CLC is in current 2nd lien posission — so this would allow a new 1st mortgage to take the place my current 1st mortgage and keeping CLC in 2nd lien position, not putting them in a worse postion) Now I am sick, that these are the people I am forced to deal with, I wish I didn;t care and would just stop paying them. When asked repeatedly why??? They sounded like a broken record and keep repeating there is really nothing we can do for you anymore.
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