I was astonished when I read your report on Fairbanks Capital on the web. It was as though I had written what had happened.
I had force-placed insurance when I already had insurance in place. I had confirmations of Telecheck payments received and then had people show up at my door with foreclosure papers being served. It cost me over $2,500.00 with their attorneys to get it out of foreclosure.
There was always some kind of charge for something they could not explain, nor did I get credits for the force-placed insurance that they put on my home. My mortgage was bought by them, as is standard practice, and it was the worst experience and the most costly, with no reimbursement by them nor any apology.
This (foreclosure) happened twice and I finally sold the home and paid cash for another. It has probably cost me approximately $8,000.00 in excess charges and has reflected on my credit to the point of making it look like I never made a payment to them on time...
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