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Saxon has people doing drive bye's on our home

February 15, 2008

We are currently 60 days past due. They have refused to work with us and have sent people to come and drive by to appraise the house. We looked at the mortgage and realized we had payed all interest this year, a total of $15000. That is half of my income. That is not including taxes, insurances, and water bill. We truly love our house and because we cant hardly pay the mortgage our other bills have suffered. now our credit is in the dumps.

This entry was:
Posted By Upside down at 04:40 PM
Comments (5) | Categories: Saxon, Illinois Foreclosure | Tags: saxon mortgage illinois
 

Comments

I am in the same situation I wish we could do something about this. There has to be something we can all do collectively to saxon to make them feel the burn as we have.I am done giving 2/3 of my monthly income to thoes bastards. I never thought that forecloser would be a dream but it is......Thanks saxon for the great service. I suggest you tell everyone you know about your experience with them.
Posted By chad weatherman on May 28, 2008 at 04:41 AM
Saxon Mortgage Customers, please read:

Saxon Mortgage is in the business of taking advantage of home owners that are in trouble.

I've read many of your comments about Saxon and want you to know that there is power in numbers. I'm encouraging each of you to contact Senator Arlen Specter at:

Washington DC
711 Hart Building
Washington , DC 20510
Main: 202-224-4254
Fax: 202-228-1229

Senator Specter is agressive about pursuing these types of lenders and I am sure he will want to hear from you. Go on the internet and call your friends and share your stories with Senator Specter.

If you email your stories to me, I will deliver them directly to the Senators office. Pass the word. In these economic hard times people need someone to step up and fight these predators.

Erran Persley
President & CEO
Euphrates International Investment Corp.
Suite 600-South
1001 Pennsylvania Ave, NW
Washington, DC 20004

epersley@eiicinvest.com
Posted By Erran Persley on June 19, 2008 at 07:46 PM
got the same thing going on too. I have faxed th hardship etc..they say they needed irs and pay stubs as in 1st fax I noted did not have. Then they want the statement sent again!! we are WAITING for VA and SSI filed years ago.our property is worth more that we owe. They will make a profit forclosing. How many others out there property worth more than owed to saxon is there a pattern? The rep even said that they wouldnt even consider talking remodify till the certified letter had run course(full 90 days) Then they can add atty fees more late fees, heck even interest on the late fees already accquired? rep even told me to contact the catholic charities to get them to help us make currant before the nov 27 08 certified letter comes to date.humm WHAT is the 20.1893 Per Diem interest??lets all get together on one blog to send to congress./obama, but then I may be forclosed on by then here in MS oldfolksboogie@rocketmail.com
Posted By lee on November 16, 2008 at 01:03 AM
We have our mortgage with Saxon Also.

We fell behnd 7mos due to illness and they filed forclosure papers in Ohio, where our home is.

We had called many many times to pay them whatever we had that month and they refused to take payment saying "hold on to that and then pay us when you have the full amount." Even if we said we could pay two months worth of mortgage they wouldnt accept it. We ended up getting in deeper with some unexpected medical issues that happened.

We called them and they said we could apply for a loan modification and if approved it would change some terms, possibly the rate and then extend the loan by several months and put the delinquent amount at the end of the mortgage.

They also said we could to a 30% down and then the rest delinquent would be spread out over 7 months and combined with our regular mortgage payment.

We would prefer to do the modification and are sending in the financial paper work this week along with the hardship letter.

I am now worried with all that I have read and I am scared to send them money etc.

Has anyone had a loan mod with Saxon?

Thank you for your time and any insight!
Posted By TJ on November 17, 2008 at 10:00 PM
I forgot to mention that they filed the forclosure mid October 08
Posted By TJ on November 17, 2008 at 10:03 PM

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