FO in Texas said: “Another Approved then Disapproved. Yesterday November 12 I received a letter, dated November 6, that my loan modification has been disapproved, however Saxon/Morgan Stanley will allow me to continue to make my payments under the agreement.
How confusing.
It appears that Saxon/Morgan Stanley is sending out HAMP agreements the day the payment is due. (I have tracking numbers to prove), when the docs are signed and payment sent to Saxon/Morgan Stanley you have automatically failed to live by the agreement. Thus the HAMP underwriter can deny your Final final final approval and Saxon/Morgan Stanley can continue to operate out of the auspice and oversite of the HAMP program and break whatever laws or policy that was sent forth by the Government.
Its a sick and twisted game that will need to come to a halt very soon.
I 100% will move forward to file suit against Saxon/Morgan Stanley if any harm or change from the original agreement is made.”
Hi, I'm Jen and I'm here to help. Submit your complaint here or get help here
This article, Saxon Mortgage HAMP program questioned concerning legality, loopholes, is just one of our articles from our Ocwen Financial and Saxon Mortgage Complaints
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