- Report: #413671
Report - Rebuttal - Arbitrate
Complaint Review: First Franklin Loan Services
First Franklin Loan ServicesNationwide U.S.A.
First Franklin Mortgage Co First Franklin Loan Services Do not need a third party to negotiate modification of mortgage loan California Pittsburgh
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When I mailed the affidavit of my income and debts, I was given a phone appointment with the resolution team. who at that time would go over my monthly obligations only to tell me that my debts were more that my income which I already knew. That is why I was behind in the first place. I am self employed in a service. Housecleaning, which in 2008 had a loss of 1,115.00. My mortgage being 1,789.00.
Now, they are telling me that I do not qualify for the modification because I need to generate 600.00 of income to prove that I could still pay the same mortgate payment. No modification of 8.75%, and 1,700+loan payment. Which is ludicrious, they have been bailed out to stay in business. But not allowing the money to trickle down to the consumer.
This report was posted on Ripoff Report on 01/18/2009 09:55 PM and is a permanent record located here: http://www.ripoffreport.com/r/First-Franklin-Loan-Services/nationwide/First-Franklin-Mortgage-Co-First-Franklin-Loan-Services-Do-not-need-a-third-party-to-negot-413671. 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.
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