I have an interest only loan with EMC. One of my payments was applied to the "principal only" by mistake. I contacted EMC in October & the payment was supposed to be transferred to the interest only account within 5 days. I waited about 10 days & found it was applied to the ...
My story is the same as everyone else who has filed a complaint againt EMC Mortgage. The problem started when UC Lending filed Bankruptcy and from that point somehow I went from never missing a payment to a few months later being six payments behind from there it escalated. They never made one ...
As an investor I have several loans with different mortgage companies. EMC is the only company that continues to mess up monthly payments. Even with account numbers, speed pay, etc. They continue to credit wrong accounts. This has happened to my husband as well with his homes through this company. ...
18 Months ago my mortgage company went under and subsequently sold the mortgage to EMC Mortgage od Irving Texas. I was duped into a variable rate mortgage in which payments are now 1300.00 a month on a 100,000. I have been up to date and in good standing since they have taken over my mortgage. I ...
I asked for a 1 payment deferment because my father was dying. Which I needed the money to pay for his funeral. I didn't want any late payments showing on my credit report so that is why I requested the deferment. They told me that I would have to be 3 payments behind in order to get that ...
Due to financial problems we defaulted on our home loan.in December we were contacted by Wells Fargo Home Mortgage stating that our loan with them had been sold to EMC Mortgage Corporation and we would need to start making payments to EMC beginning in April 1, which we did. In June of we were able ...