Gmac sold our mortgage to Nationstar and everything was fine. Shortly after this transaction my husband lost his job...Nationstar contacted us about a loan modification. I would listen to my husband tell me the options of paying a note for three months that were about $500.00 a month lower than our regular note and if we did everything perfect they would refinance us at the new lower monthly note. I couldn't help but notice that we still recieved late notices although we did everything they told us now they are threatening foreclosure and my husband doesn't think it's anything to worry about. I am scared to death because our house is worth way more than we owe on it...HELP!!!
We, and three others, we subjected to Nationstar\\s insurance skam where they claim you aren\\t insured and then charges you fours times the cost of your own insurance company. It took four months and constant complaints to them and the Atty. General of Texas to get our money back.
This is the least of their fraudulent practices. They are forcing people into foreclosure in a variety of spurious ways as a perusal of WEB complaints shows. I recommend contacting the following for help:
Federal Trade Commission Bureau of Consumer Protection
600 Pennsylvania Ave., NW
Washington DC, 20580
They don\\t resolve individual complaints but need to know of them to take action against the company.
Texas Dept. of Savings and Mortgage Lending
2601 N. Lamar, suite 201
Austin, TX 78705 tel. 877-276-5550
Mortgage Fraud and Anti-Predatory Lending
Posted: 07 Sep , 2012 by ROBERT AND VIOLA BROWDER
i agree with all of the above we left are home in july 2011 signed the deed in lou thing they were supose to send s three to five thousand dollors if we left nice and did not tear the hose down, we did as they asked they sold are home for less then i bought it for but we are still in dept for over the amont any law sites going on iwe want in