Posts Tagged ‘foreclosure’
CP said: “I too have been “working with” Saxon on a loan modification for the past four months. Just as everything was in order and they said it was ready to go, they denied it for a missing document. I am now in foreclosure and hoping Legal Aid will be able to help me keep my home. Sign me up also for a class action suit!”
In Boston, city inspectors yesterday condemned a foreclosed two-family home in Dorchester that had no smoke detectors, running water or toilets and was overrun with trash, drug paraphernalia and human waste.
Morgan Stanley placed a moratorium on foreclosing on some home loans to give the government time to launch a $50 billion mortgage relief program. The moratorium announcements come days after major bank chief executives committed to pausing mortgage foreclosures at a Congressional hearing.
CB in Florida asks: “Saxon mortgage services has flatly refused to adjust my escrow reserve requirements despite the fact that it reflects amounts for which I do not owe. Namely, it currently collects $400 monthly for flood insurance although this cost is covered by my condo association.
The Service Members Relief Act [SCRA] is designed to prevent a person in active service to this country from being sued while on duty. Servicemen and women should not return home from Iraq or Afghanistan to find their home foreclosed.
