• Report: #90753

Complaint Review: Fairbanks Capital - Synergetic Communication - SyncomOcwen - Equicredit

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  • Submitted: Sun, May 09, 2004
  • Updated: Wed, July 05, 2006

  • Reported By:Dallas Hills tn
Fairbanks Capital - Synergetic Communication - SyncomOcwen - Equicredit
3815 South West Temple Salt Lake City Utah 84115 Salt Lake City, Utah U.S.A.

Fairbanks Capital, Ocwen and Equicredit are all bloodsucking monsters that stole my home and wrecked my company! I still can't rid myself of them! Rip-off! Salt Lake City Utah

*Consumer Comment: There is a solution

*Consumer Comment: Ocwen, the Lowest of the Low

*Author of original report: Select Portfolio Servicing

*Consumer Comment: lets all beware and informed, stick together after all we are their employers and making them rich

*Author of original report: Mafia, called me nine times since I posted this report

*Consumer Suggestion: EQUICREDIT/FAIRBANKS/GMAC/ ALL THE SAME. WE ARE LOSING OUR HOMES !!!!

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I had a mortgage with Bancfinancial Corp., which was brokered by American Acceptance Mortgage of Chattanooga, TN. and was subsequently purchased by the thugs, muggers and creeps at Fairbanks, for my former residential home located at Lakewood Avenue, Soddy-Daisy, TN. Fairbanks illegally foreclosed the mortgage on this property in 2003 for alleged failure to maintain property insurance in accordance with the mortgage provisions.

While property insurance was properly and timely maintained on the property and all payments had been made in a timely manner, Fairbanks returned approximately four months payments to me via Western Union quick collect and proceeded apace with a non-judicial foreclosure action. This after months engaging in patently illegal collection practices including but not limited to verbally threatening both me and my family's physical well-being over the phone!

Due to my family's limited financial circumstances, we were unable to successfully challenge the foreclosure action in court, subsequently were forced to file chapter 7 bankruptcy, and ultimately a chapter 13 conversion in the fall of 2003. We lost the Soddy-Daisy house and have been forced due to financial circumstance to move into public assistance housing in Johnson City, TN., which we are in the process of doing as I write this.

Quite frankly, it escapes me why the thugs, muggers and creeps at Fairbanks are being let off of the hook so painlessly by the courts and the FTC. This letter should serve to elevate the thought processes of the reader. In every respect and at every turn the thugs, muggers and creeps at Fairbanks have violated the law(s), and continue to do so. By way of example I am now receiving calls from Synergetic Communication Inc., dba Syncom, a consumer credit collection agency registered with the department of commerce in Houston Texas, concerning our previous HOME at Lakewood ave.

The context of these repeated phone calls are fraudulent claims that these people (Syncom), are directed by an FTC mandated action, are on my side, and are attempting to save our home, by encouraging me to re-affirm an amended version of the original mortgage instrument, or perform a Short Sale with an investor and a realtor of their choosing after which my home will allegedly be sold back to me for less than the investor paid for it. All of these claims sound patently fraudulent to me despite repeated assertions by the thugs, muggers and creeps at Fairbanks agent (Syncom) on the phone, that this is all perfectly legal and above board.

In the first phone call, which was placed to my Mother-In-Law, (Syncom) told my Mother-In-Law that they had obtained her phone number and address from my bankruptcy attorney. This would have represented a breach of professional ethics, as well as, the law(s) concerning attorney client privilege and U.S. Bankruptcy law for him to have done so without my expressed permission.

When I was contacted by (Syncom), they told me that Their company had been assigned by the FTC to act as an intermediary or mediation specialist to help me resolve these problems and initially requested that I send her all of the documentation that I possessed concerning the foreclosure so that she could block it. She further stated that my attorney had given her my phone number and that the legal advice that I had obtained up to this point had been faulty that I should have never contacted an attorney in the first place and under no circumstance should I do so now.

In fact according to information posted on the FTC web site concerning fair credit collection practices, any of these measures resulting in a depreciation of the alleged value of the mortgage at this point would represent a shift of the federal tax burden from them to us. All of these repeated actions not only violate both the spirit and the letter of the law(s), The Fair Debt Collection Practices Act, The Real Estate Settlement Procedures Act, as well as, both chapters 7 and 13 of U.S. Bankruptcy law!

When we took out the original mortgage, we only borrowed about $29,000.00 to purchase this home. To this day all of the renovation costs on this home and most of the labor have been borne by my family. By purchasing a mortgage from my original creditor, less than 30 days after I had closed it, and subsequently trading it between sister corporations in some sick kind of shell game and adding Processing fees and Closing Costs each and every time the thugs, muggers and creeps at Fairbanks have FRAUDULENTLY inflated my mortgage to around $49,000 effectively stripping any equity we had in the house during these proceedings as the house was last appraised at around $50,000.

At no time did the thugs, muggers and creeps at Fairbanks submit to me in writing a true and correct Truth in lending disclosure, but rather a letter was sent each time stating that the mortgage servicing rights had been sold and that I had no choice but to agree to the sale unless I paid the ever inflating principal amount plus all assessed and associated fees. On several occasions when we were attempting to re-finance this home the thugs, muggers and creeps at Fairbanks failed to give a true and correct buy-out figure for the mortgage blocking us from further action.

The thugs, muggers and creeps at Fairbanks have and continue to issue patently fraudulent statements to credit reporting agencies preventing me from obtaining any financing with a reputable lender, this has subsequently ruined my business, leaving my family destitute, without a home and a greatly diminished source of income.

Now, to add insult to injury, they have provided the FTC claims administrator in the Federal class action with the wrong address in an apparent attempt to exclude my family from any remedy what so ever, regardless of how inequitable it may be! Remember, they are still contacting me, so it is not as if they don't know exactly how to get in touch! It is in point of fact my opinion that prior to any civil proceeding the first thing that SHOULD have been argued in front of both a Judge and a Jury was exactly how long the thugs, muggers and creeps at Fairbanks should have been placed behind bars!

The continued harassment of me by the thugs, muggers and creeps at Fairbanks and their agent(s), as well as, their continued protestations of no wrong doing in the proposed settlement serve only to tell me that not only are they abjectly impenitent, rather they view this as merely an associated cost of doing business and intend on doing their business as usual regardless of any sanctions the courts may see fit to impose, arguably placing them deliberately in contempt of them.

For these reasons I formally register my protest with all parties concerned regarding the proposed settlement. Moreover, I consider this entire matter to this point, an extreme abomination and a complete and utter abrogation and disgrace to the judicial system which has crafted, been accessory to, profited and been aggrandized from it.

If anyone out there can help, now would be a good time. I am just about all fought out. I used to believe in the system at least to some extent, I did military service, colledge, I've paid my bills, and even my taxes (without cheating on the math!), yet the most basic part of the American Dream has effectively been taken from me and my family by these people. At forty-one years of age I will never qualify for enough credit at this point to purchase another home, or re-start my business! These bastards need to be made to pay!!!

Eric
Soddy-Daisy, Tennessee
U.S.A.

Click here to read other Rip Off Reports on Fairbanks Capital Corp



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Click here to read other Rip Off Reports on EquiCredit

This report was posted on Ripoff Report on 05/09/2004 01:22 PM and is a permanent record located here: http://www.ripoffreport.com/r/Fairbanks-Capital-Synergetic-Communication-SyncomOcwen-Equicredit/Salt-Lake-City-Utah-84115/Fairbanks-Capital-Ocwen-and-Equicredit-are-all-bloodsucking-monsters-that-stole-my-home-a-90753. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

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Updates & Rebuttals

#1 Consumer Comment

There is a solution

AUTHOR: Andrea - (U.S.A.)

I to was in the mix of SPS bullcrap. I had to file chapter 13 to save my home as well. A year and a few months later I have refinanced and away from Select Portfolio Servicing and you can do the same. Those who read this rebuttial please call Southern Star Mortgage they are the nices people and can help with any situation. I contacted Mr. Madrus and Ms. Kenny on a Wednesday and by the next Wednesday I was at the closing table. Yes it only took one week and my deal was done. If you would like to give them a call their number is (((ROR REDACTED PHONE NUMBER FOR SECURITY PURPOSES)))and tell them Andrea sent you. Good Luck!!!


CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.
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#2 Consumer Comment

Ocwen, the Lowest of the Low

AUTHOR: Jon - (U.S.A.)

Eric,

I'm quite impressed with your 2004 post, and surprised that I hadn't read it before as I have been following this site for quite sometime, as a fellow victim of Mortgage Servicing Fraud.

Do you ever visit, or post on the MS Fraud web site or the Yahoo Ocwen OCN discussion Group site? There's a lot of good information and POCs at these sites, particularly the MS Fraud web site. Also, there are groups of victims posting there that are in early stages of planning demonstrations and other possible actions against these lowest of the low.
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#3 Author of original report

Select Portfolio Servicing

AUTHOR: Eric - (U.S.A.)

Hi all,
Just to let you know, not even Chapter 7 Bankruptcy will stop these EVIL Individuals. I am still receiving harassing phone calls and letters from them in DIRECT VIOLATION OF U.S. BANKRUPTCY LAW! The Government will do nothing to these Jackals! So wonder who all they have paid off?
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#4 Consumer Comment

lets all beware and informed, stick together after all we are their employers and making them rich

AUTHOR: Daniel - (U.S.A.)

to all concerned it seems that we all dont understand a few hidden points. first gmac,wells fargo, countrywide etc all have companies that are under their so called umbrella (that means they own them ) second when you call into any financial instatution, bank or what ever you are not reaching them, you are reaching a call center with a $6.00 an hour employee whos job it is , is to say ok i will log it in and then they forget it. i know this because a freind of mine sets these centers up for companies.the final thing is that none of these people seem to be able to read notes that are placed in your file and so you get lost in the system. its up to us to fight these people spread the word, boycott them ,tell all your freinds and sue the h-ll out of them only through us can they be made to go out of bussiness i wish well to all of you i know what you are going through i have been doing it with gmac for over a year and a half now .
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#5 Author of original report

Mafia, called me nine times since I posted this report

AUTHOR: Eric - (U.S.A.)

Linda,
These foul folks have called me nine times since I posted this report (less than 36 hours ago)and had three more people call me claiming to be "real estate investors" pressuring me to do a "short sale" It never ends does it! I used to think that the mafia was pretty much done away with when the feebies (FBI) did away with nasty folks like John Gotti, but mobsters are indeed alive and well. We just don't call thier leaders "Caop Mafioso" anymore, we call them things like CEO and Mr. President instead and they retire to places like Elba and San Clemente'
Before they invented the drawing board, what did people go back to...

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"The pen is mightier than the sword, - I THINK NOT"

Eric,
The original author of this report.
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#6 Consumer Suggestion

EQUICREDIT/FAIRBANKS/GMAC/ ALL THE SAME. WE ARE LOSING OUR HOMES !!!!

AUTHOR: Linda - (U.S.A.)

this is linda in willard ohio I HAVE POSTED SEVERAL TIMES ON HERE ABOUT FAIRBANKS. first off we have been transfered to another mortgage holder so we thought.

GMAC MORTGAGE well i was told by a rep. that they have had control of our loan from the start. that GMAC was just another user name.. they actually are over fairbanks, equicredit and so forth.

we where under a forbearance with fairbanks. things seemed ok till we got a letter stating we was late and about to loose our home. but this was wrong we where up to date with our plan which they said never existed. (in there eyes) sent copies then they honored it (so we thought)
next thing we get is a friend telling us that our home was listed in a sheriff sale.

WE THE NEXT ROUND OF H..... STARTED ALL OVER AGAIN!!!!

we have be forced in to chapter 13 bankrupcy
to save our home from being sold.
they have added many extra fees they have not got coming. trying to add thousands to our amount due.
We are in the process of working thru the court to get them to accept payments and on the actual
amount they have coming.

we are also at this time fighting to keep are bankrupcy from being dismissed. FUNNY THING IS IT IS EQUICREDIT WANTING RELIEF FROM STAY ON OUR HOME. WE HAVEN'T EQUICREDIT FOR SEVERAL YEARS WE HAD FAIRBANKS THEN GMAC.

SO PLEASE BEWARE IF AND WHEN YOUR LOAN IN CHANGED OVER. OR IS IT REALLY. HELP ME BY HELPING YOURSELF
KEEP AFTER THESE PEOPLE. FELLOW WILLARD PERSON IF YOU LIKE TO HAVE INFO I HAVE TO HELP YOUR FAMILY PLEASE WATCH LOCAL PAPER (TIMES...)PLEASE DO NOT LET THEM WIN!!!!!!!!!
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