CR in Georgia said: “I have been working with my lender for well over a year trying to get my mortgage modified. Due to a serious illness, I have been unable to pay my mortgage. I sent in all required and asked for information in hopes of getting my loan modified. I kept getting turned down. This year I went to a NACA sponsored event in California and met with my lender. They informed me that the investor (Morgan Stanley) had me in a type of mortgage that allows no changes (modifications) to my loan.
That means no interest rate reduction, nothing. There is nothing that I can do. If I don’t bring my loan current soon I will be foreclosed on. Has anyone heard of this, and is there anything I can do?”
Hi, I'm Jen and I'm here to help. Submit your complaint here or get help here
This article, Morgan Stanley allows no mortgage modification, is just one of our articles from our Ocwen Financial and Saxon Mortgage Complaints
What Ocwen bought from Morgan Stanley
Ocwen Financial and Saxon Mortgage Complaints monitors banking problems and customer complaints and has done so since 1999. Writers hold no stock positions. Some material is used under the fair use copyright act.
We use Thomson Reuters News Service Calais in all production material but are not associated with Thomson Reuters, banks, or financial institutions in any way.
Incoming search terms for the article:
- morgan stanley mortgage modification
- california mortgage reduction verbal agreement
- naca and saxon mortgage
- morgan stanley owns my mortgage
- Morgan Stanley Mortgages and the Hamp Modification
- morgan stanley is the investor on my mortgage
- morgan stanley home loan modifications
- Morgan Stanley home loan modification
- modified morgans
- is ocwen registered with naca
One Comment
About a year and a half ago I was relentless with Saxon in trying to get them to modify my mortgage. I didn’t give up and I kept the pressure on them. It took about 4 months for them to look at my paperwork, but I did get it modified. Good luck.