Category Archives: Editorial

Congressional Oversight Panel and your Saxon Mortgage

TB in Pennsylvania said: “I’ve been attempting to get a modification since Sept. 2008, with very little luck. I’ve been through the run around, lost papers, inaccurate information, yes um… no… um yes again. I’ve been in the HAMP program since I signed my papers back in July. Here we are in October. A full [...]

Citigroup hires 1400 people while Saxon adds 30

A few months ago Morgan Stanley said Saxon Mortgage would hire “up to thirty people” to help with Saxon’s backlog. Somehow Saxon claims to lead the field with 25 percent of mortgages modified. Something is wrong with those numbers.

Saxon Mortgage is the most annoying and disgusting

My house payment was made days ago. I am not late, was never late, and do not want a modification. I mind my own business, and wish Saxon Mortgage Servicing would do the same. I just received another phone call from Saxon. What an annoying and disgusting bunch they are.

Saxon mortgage modification saves $1200 per month

LB in California said: “I was approved for a loan mod today fixed rate 3.375% for 5 years. Bringing old payment of $2600 to $1400. I just want to let people know there is help out there and Saxon isn’t as bad as all the reports!”

Saxon Mortgage problems? Then avoid Tops Markets

Did you know this fact? On October 11, 2007, Ahold USA announced the sale of Tops Markets, LLC to Morgan Stanley Private Equity. Morgan Stanley owns Saxon Mortgage. If you are having issues with your Saxon mortgage, perhaps you should know this simple fact, thereby avoiding Tops Markets.