Complaint / Review
Fairbanks Capital Corp - Select Servicing
Ripoff Said they sent ALL my escrow money to a county in another state upon transfer of my mortgage to Washington Mutual

Fairbanks Capital sold my mortgage to Washington Mutual and in the transfer sent all my escrow account to another county and in another state to pay property taxes.

As a result my mortgage payment has increased to Washington Mutual by $400.00 per month to make up the deficit in my escrow account.

Fairbanks Capital's tax service dept., Irene Torres, admitted to me they had made the error but nothing has been done to correct the mistake. I have contacted the FTC and reported the fraud. They lie and steal and should be run out of business.