News Reports
Another news team investigated Saxon Mortgage. This is a news video from CBS 11. It will open in a new window.
A few weeks ago Saxon Mortgage issued a press release bragging about the fact that they were “Hiring up to thirty people.” Clearly about 3000 people is what it takes to help Saxon. This news video clearly shows how Saxon does not know what they are doing:
Proving that we are not the only news source reporting problems at Saxon Mortgage we quote this:
“In January of 2008, we contacted [the lender], to see if there was anything we could do to get back in good standing and keep our home,” said Healy.
According to television station WSMV in Nashville Tennessee as reported by Sara Dorsey, Saxon Mortgage once again showed how unprofessional, disorganized, and confused the company is. According to Dorsey, mortgage statements showed payments as current.
Morgan Stanley executives received their bonuses, and the bank received TARP money. Has it helped Morgan Stanley’s saxon Mortgage? This is a quote well worth reading: