Long story short,2001 acquired an equity loan on my home with Centex. Same situation as all the other complaints I've read on here. I fought to keep my home I thought they wanted and they got but somehow I believe I can still get it back if I could locate an attorney familiar with equity loan laws in Texas. I haven't found one yet. A real estate attorney in my hometown did advise me that because of all the ins and outs of the equity loan laws they don't fool with it (equity). I believe the consumer affairs dept and the Attorney General's office needs looking at, if after all these complaints they are still doing business as usual.
When I called the consumer affairs office and spoke to 2 gentlemen there, I felt like I had been "Bum Rushed"! They were not interested in any of it and assured me there was not a problem with Centex. Go figure, after I advised them of all the little tricks they were pulling to bump my initial 36,000.00 principle (that never came down by the way) but instead increased to this date of 60,000.00. They filed to foreclose at least twice a year which bumped the amount up 3000.00 every time they did that. The last time they filed to forclose, in 2004, I filed an answer in court, never heard anything from the court or Centex and found out Centex had taken it back anyway! I thought there had to be a Courthouse Sale of which I still would have the option to cure at the last minute or something! Court wouldn't advise on the next step, and couldn't locate anyone to help. I had moved out but still fighting. I wanted to get them in front of a judge, according to what I could understand I would win 4 times the amount I was defrauded, and took them on myself. They do not want to get in front of a judge people, and It's time we all get together and file that long overdue suit. There maybe a statue of limitations issue w/mine, don't know but I'd love to see them run out of Texas on a rail!
Cheryl
Decatur, Texas
U.S.A.