The group of people we want to hear from are borrowers, who were always on time, who were told to stop making their mortgage payments by the banks, or loan servicer, who wanted a loan modification, but instead got a foreclosure notice.
Washington, DC (Vocus) October 18, 2010
The National Mortgage Complaint Center is looking for a specific group of former homeowners, who were never late on their mortgage payment, who had decided since they were upside down on their mortgage payment they would contact their bank/loan servicer for a loan modification, who were then told by their bank, or loan servicer to stop making mortgage payments, and rather than receiving a loan modification, lost their home to a foreclosure. The group says, "These are the exact people we want to talk to. One of the gigantic problems in the US foreclosure disaster is banks, or loan servicers do not assign a homeowner attempting to take advantage of a loan modification to the same customer service agent. Instead the borrower never talks to the same person twice-no names-e-mail addresses-nothing." The National Mortgage Complaint Center says, "The group of people we want to hear from are borrowers, who were always on time, who were told to stop making their mortgage payments by the banks, or loan servicer, who wanted a loan modification, but instead got a foreclosure notice." For more information please contact the National Mortgage Complaint Center at 866-714-6466, or contact the group via its web site at http://NationalMortgageComplaintCenter.Com
The National Mortgage Complaint Center says, "we cannot help people who were already behind in their mortgage payments, before their bank contacted them, or before they were foreclosed on. We think it is very important to find people, who received no notice from the bank, that a foreclosure was imminent, meaning the bank sought foreclosure on their home without first notifying them of bringing the case." They say, "we know there are tens, and tens of thousands of homeowners, who were not behind on their payments, they simply wanted a loan modification, their bank told them to stop making payments, and instead of getting a loan modification-they got a foreclosure notice-typically without prior notice.You are the people we want to hear from." For more information please contact the National Mortgage Complaint Center at 866-714-6466, or contact the group via its web site at http://NationalMortgageComplaintCenter.Com
There is no cost to consumers for this investigation, on the part of the National Mortgage Complaint Center.
The National Mortgage Complaint Center is one of the most quoted source in the United States on predatory mortgage lending. The group has been featured, or quoted in the Wall Street Journal, Money Magazine, Newsweek Magazine, Good Housekeeping Magazine, Parade Magazine, The New York Times, The Los Angeles Times, and numerous other news, or media outlets. In the June 2005 edition of Money Magazine, the group warned about a national economic train wreck if banks, and major US homebuilders did not put a stop to appraisal fraud. http://NationalMortgageComplaintCenter.Com.