January 6, 2010 – 9:53 AM
TM, nolocation given, said: “My Husband and I purchased our home in 06′ he had a stroke in ’08 and we fell behind in payments. I requested a modification in June of last year. We submitted all the necessary documents, then waited and waited.
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January 4, 2010 – 5:33 PM
DS, no location given, said: “I have been trying to Modify my mortgage with saxon for 14 months! I submitted everything to them 17 times! They lose everything blow me off, don’t return my calls and quite frankly treat me horribly. Is there ANYONE I can contact about this? Any government agency I can get to help?
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January 4, 2010 – 5:26 PM
KF in Washington said: “I lost my home to a landslide on January 7, 09, in Concrete Washington. The area was declared a federal disaster area and I have been out of my home for a year now. Saxon mortgage knew the house was destroyed by the landslide.
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January 2, 2010 – 6:23 PM
TA in Maryland sent this extensive and well-written report: We purchased our home on December 4, 2004. We purchased our home from Daniel and Deanna Johnson who purchased it in September 2004. It was a “For Sale By Owner” which went through a service we found on line. We first rented it from them for 1 month and then after talking to a loan officer who said that through “creative financing” we could afford the home.
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December 29, 2009 – 7:00 PM
Saxon Mortgage parent company Morgan Stanley has been sued over risky collateralized debts. The lawsuit filed Dec. 24 in Manhattan federal court said Morgan Stanley collaborated with credit rating agencies Moody’s Investors Service and Standard & Poor’s to obtain “triple-A” ratings for notes marketed in 2007 as part of a collateralized debt obligation (CDO) known as Libertas.
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