We had a deal with Litton then I see my house is being foreclosed in the newspaper
March 20, 2008
I thought we had worked out a fixed loan but then i seen my house in newspaper. i had given banking info for auto withdrawal and signed and returned all paperwork, i had tried to call several times to confirms status of loan but never received a call back from Litton loan, We had a financial setback but got everything corrected and then the interest rate went so high we couldn't make payments at 15.99%. i have called several people but cant seem to get any answers. i paid a company to foreclosure stopped so we could get something worked out but they didn't do anything until it was too late. I hope you can please help me. My husband is a bad heart patient and this was his mothers home its taking a toll on him.
Comments
I too have faxed, mailed, called, and still seemed to be ignored. My house was up for selling on 11/20 and it wasn't until 11/18, that they finally decided to put it on hold for a month. Will I see my address listed in the paper also? Why does it take so long? What person do you have to speak with to get information?
Good luck!!! I too did the whole preocess. I hired someone to help me with the modification papers. On june 5th I received papers from litton sayin that they approve my mod. I had to sign n sent back along with my first check. I received this the 5th I mailed it back on the 8th and my deadline was the 11th. Well surprise surprise on the 16th I got a paper on my door my house had already been sold. I call litton they dont know what is goin on. They have me goin back and forth for almost a week, and today I got my check back from litton sayin that my mod had been denied!!! WOW all that work for that big help huh!!! so good luck im still tryin to fight it! but am gettin kinda tired of it. since I started the process I got alopecia im almost bald n I really dont need anymore stress!!
My son is going thru the same situation only he has the money to pay it off completely and Litton reps told him no way. They want to take his house because thats how they make money. He has attained an attorney to fight them but so far has yet to settle this. Litton Loan is a crooked morgage company that the gov't. is letting them get away with it. They need to be stopped and put out of business!
It is very scary reading about Litton Loans and what they have done to homeowners. I am trying to get a modification, but like so many others, they play the document shuffle with me, what is resolved one day--- doesn't remain resolved. Because, they have everything, then they don't. They get the same stuff again, but soon, it will again turn up Missing in Inaction.
I find that they will be Profiteering off the situation either way, IF THEY EVER FINALIZE THE MODIFICATION Then they will say I owe them around five hundred dollars PER MONTH I WAS PUT ON HOLD BY THEM, if they don't they steal my house under the false pretenses of having first TRIED IN EARNEST to help me save it-- yeah right. Where are the FINALIZED PAPERS stop stalling and capitalizing off it, exploiting homeowners desperately trying to get you LITTON LOANS to do the RIGHT THING, for a change. Where is WASHINGTON, why put words like "may" when we all know the word has to be "MUST!"
I find that they will be Profiteering off the situation either way, IF THEY EVER FINALIZE THE MODIFICATION Then they will say I owe them around five hundred dollars PER MONTH I WAS PUT ON HOLD BY THEM, if they don't they steal my house under the false pretenses of having first TRIED IN EARNEST to help me save it-- yeah right. Where are the FINALIZED PAPERS stop stalling and capitalizing off it, exploiting homeowners desperately trying to get you LITTON LOANS to do the RIGHT THING, for a change. Where is WASHINGTON, why put words like "may" when we all know the word has to be "MUST!"






