Posts Tagged ‘Deutsche Bank’
On the 22nd of September 2011, my home sold. Saxon Mortgage has been a pain in my side since Saxon became the servicer. I am glad to get rid of Saxon, purging this worthless company from my life. I never missed a payment, was always on time, and never did anything wrong. Saxon was evil right up to the last day. Saxon still caused problems three hours before closing, and in the days thereafter.
Maria in California said: “I made partial payments on my mortgage and Saxon Mortgage would not return my money instead they put the money in an account called suspense account and no one notified me as to what was going on.
MR sent this analysis and opinion of Saxon Mortgage and trial modifications: “Saxon Mortgage servicing Deutsche Bank loans – They do not want to make the modifications. And why would they? The government has provided a way for them to disguise their “Help” by providing money to these servicers to enter people into this HAMP Trial program. Nowhere is there a trigger that obligates the servicer to actually modify any loans. My question is Why has there been no investigation into Saxon Mortgage Services? It is amazing to me that all of these complaints regarding the HAMP trial modification are exactly the same. Lost paperwork, extensions to the original 3 month time frame and ultimately there are denials.
We invite our readers to visit Refile News where a new article highlights Saxon Mortgage and Deutsche Bank foreclosures. The news team quotes consumer advocates from Saxon Watch and disputes claims that Saxon Mortgage Services has modified more mortgages than any other servicer. Recent news reports from other sources say only one percent of trial modifications from any source actually result in permanent modifications.
This is an update to an earlier article about determining who the investor is relative to your mortgage serviced by Saxon Mortgage Services Inc. We received a reply from Saxon today.