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legal advise on a settlement with a mortgage?
Posted on March 23rd, 2010 2 commentsbruce m asked:
hello,
I have been battleing a ordeal with my mortage company for sometime now. About a 2 years ago i got a 2nd mortgage. About 6 months ago i wanted to refi but i soon discovered i owed more then the home was worth. The company had both my first and second after that. they inflated the value by 30k. Making it impossible to refinance to sell or refinance. I had to get the state of Kansas attorney general involved. The company did take fault at over valued the property. the company offered to re write the loan on todays apprased value and what ever the diffrence they would expense it with in there orgniation. I close on the loan next week and the difference is about 33k they are going to eat. Now should i be concerned here! should i get a lawer at this point? or should i just use the backing of a the kansas attorney generals office.
Thx
Beatrice -
who sets the standard of ethics in the home mortgage field?
Posted on July 22nd, 2009 2 commentsJayC asked:
I did a refi on my home and now I have been advised that there is fraudulent activity in the processing of the loan, and the agent who wrote the loan also notarized his own work with someone else’s notary seal. The seal belonged to another employee w/ same company. She was never present at the closing.
Wendy
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