Usacomplaints.com » Real Estate » Complaint / Review: Litton Loan Servicing - Predatory lending practices. #311945

Complaint / Review
Litton Loan Servicing
Predatory lending practices

Our issues and difficulties with Litton Mortgage maintenance are far more than compared to room offered can actually permit. Litton Loan Servicing indicates to become the initial aggressive lender in the united states and that I just want I'd a choice to whom my unique mortgage was offered to. Litton possesses 80% of the mortgage my spouse and that I discuss. Your cost has become over 1200.00 regular on an authentic quantity of 687.09.1200.00 to get a 104000 mortgage is nothing lacking deceptive. I started talking to Litton in regards to a feasible change of our mortgage since we'd never been overdue about the preliminary quantity and were terribly misinformed concerning the information on our mortgage contract, lesson learned. We discovered that people had an adjustable-rate mortgage of the style the month it had been set-to improve. As we noticed the growing quantity, we approached Litton to ask about choices to make sure that the mortgage stayed in good position.in December we sent in most of the necessary files to Litton Loan Companyis "Loss Mitigation Division" for evaluation.

By today, July 10th we've not noticed an answer.in January we closed onto a reimbursement plan and that I think since we've compensated them 1200 per month, it is their intend to never look at the preliminary modification we were informed about. Whenever we sent the info in, we were informed that there's no body we're able to consult with, no body who might contact us, and never actually somebody who might confirm delivery of the fax. Contact after-call to check on went unconfirmed and also the only info that people receive is the fact that the change is "pending". 7 weeks to examine a record is severe but what exactly is more bizzare is the fact that there'snot a method to consult with somebody relating to your mortgage, your economic potential or perhaps a method to feasible resolve the problem. This encounter has merely been a headache, we're spending to possess somebody hire our house at this time towards the melody of nearly 300.00 per month. All this continues to be told Litton Loan Servicing and people who're evidently resting about the answer be seemingly inaccessible, spirits or non-existent.

I really hope and hope that I sometime get a class-action suit concerning the likes of the predatory lending. I hope that someway those things of the organization are delivered to the interest of these who begin to see the damaging effect Litton Loan Maintenance is constantly wearing the economy in general.

To possess predatory credit is something, to drive anyone to stay in a situation that's deceptive is worse for me. While somebody cannot get communication about anything this crucial to the lifestyles of the households, nicely that is simply completely criminal and illegal.


Offender: Litton Loan Servicing

Country: USA   State: Texas   City: Houston
Site:

Category: Real Estate

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