I agree with those that say a lawsuit should be brought against ASC for unlawful practices. I don't know how a business can get away with the unlawful acts that ASC is pulling. They seem to get a "high" for all the turmoil they are putting hard working people in.
Currently I am in foreclosure because I approached ASC to do a loan mod when my ARM increased several times in a short period of time. I was given the runaround and months went by. I was not given a loan mod but my interest rate was reduced less than 1%.
I then contacted a mortgage company in Portland, OR, Mortgage Express. Stay away from this company. I believe they were in cahoots with the scam artist, Rich Diaz of Samaritan Financial, that they referred me to.
I was instructed by Mr. Diaz not to pay the mortgage while the loan mod was in the works. I also paid him $2500 upfront. Big Mistake. Currently he is being investigated by the Attorney General's Office but I am out a lot of money.
ASC then put me on a forbearance agreement for 5 months. I complied and even paid a little extra to show good faith. I was told that at the end of the forbearance period I would go into a loan mod review and was told that there were several mod options available and I would fall into one.
I was denied two days before Thanksgiving and told I was in active foreclosure. In fact, the ASC rep laughed at me when I called in distress and told me "just face it lady, we are going to take your home."
None of this would have happened if ASC had agreed to work with me when I first contacted them about a loan mod. I do believe ASC enjoys putting people in foreclosure rather than working out a solution. I was also informed that they chose not to participate in Obama's Affordable Home Loan Mod. Again, they do not want to work with people.
ASC needs to be held accountable. They are jerking people around and playing with people's livelihood.
