Recent Articles
There are numerous websites with outraged homeowners against Saxon Mortgage Services unethical practices. Realtors across the nation dislike Saxon Mortgage, and do homeowners. When it comes to outraged homeowners, and websites, you can add another website to the list – this one!
Saxon Mortgage has a huge number of complaints against them, and is poorly rated with the Better Business Bureau in Fort Worth Texas. They claim to be a member of the Hope Now Alliance. Yesterday, after President Obama spoke, one news article claimed that Hope Now had not refinanced one mortgage – Zero all together. Don’t let Saxon Mortgage fool you.
Lance Anderson, President and Chief Operating Officer of NovaStar Financial, Inc., announced in mid-October 2007 that they entered into a final agreement to sell all of NovaStar’s servicing rights to Saxon Mortgage Services, Inc.
Both Merrill Lynch and Morgan Stanley were copycatting Lehman Brothers Holdings’ modus operandi of acquiring mortgage originators. We know how well that turned out as Lehman is gone now. Lehman collapsed last September due to a variety of dangerous investments in commercial and consumer real estate and derivatives.
We are in middle-aged and are like most of you. We aren’t special, don’t own a yacht or and airplane, and we support our community. We pay our bills, make the house payment on time, and know our neighbors. We mow our grass, wash the cars, and enjoy life.