EMC Bear Sterns
EMC - Bear Sterns EMC tried to take us down but we won! Raleigh North Carolina

We as many started out with Countrywide who then sold to EMC, as you all are aware that is when the war began.
We experienced much of the same as I have seen others post, and the deceptive and unfair trade practice are nothing short of finiancial "rape".
In May we received a letter from EMC stating that our monthly payment would be increasing on July 1, the increase was over $1000.00 and the interest rate would be 11.5%. This interest rate along with the monthly payment had no ceiling, hence every 6 months it would be evaluated and most likely would increase.
So we stepped into action and worked to secure re-financing and was able to do so with a closing date of July 8th.
Interesting however, we are receiving call after call from Bear Sterns, I have yet to answer the call but plan to now that I have all the information I need to counter each and every statement, comment and or suggestion they may throw my way.
Along the way I picked my battles and now can say I won the war!

Company: EMC Bear Sterns
Country: USA
State: Texas
City: Irving

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