Complaint / Review
HomeComings Financial
Inaccurate application of my payments claims that I must verify payments dating back to December 1999 threatening foreclosure during time that my bank is researching cancelled checks

I contacted HomeComings, requesting my payment history and the payoff amount. I indicated that I wanted to refinance at a lower interest rate. After several months, Homecomings sent notification to me that they had audited my account and that I was six months behind in my payments and that if I did not pay over $13,000 within one month that they would intiate foreclosure proceedings.

In contacting Homecomings, they said that the missed payments included one date in 1999; one in 2000; two in 2001 and two in 2002. I contacted my bank and requested copies of these checks; however, the bank has changed ownership and this will require possibly several weeks to research and the charges are based on the number of hours it takes to complete this.in the meantime, HomeComings has responded that they are proceeding with legal action.

I think that they do not want to have this loan paid off because it is at 14% interest rate.