• Report: #325526

Complaint Review: SAXON MORTGAGE

Thank You

Read how Ripoff Report saves consumers millions.

  • Submitted: Sat, April 12, 2008
  • Updated: Sat, March 07, 2009

  • Reported By:Evans Georgia
SAXON MORTGAGE
4708 MERCANTILE DRIVE NORTH FORT WORTH, Texas U.S.A.

SAXON MORTGAGE,Option One Mortgage And Wells Faro THEY WOULD NO GIVE ME A PAYOFF AND THEY PROBABLY SOLD THE ORIGINAL NOTE AS WELL! FORT WORTH Texas

*Consumer Suggestion: Regina Pretoriuus,I need your help against Saxon

*Author of original report: The truth will come out!

*Consumer Comment: Another side to this story

*Consumer Suggestion: Taking my fight with Option One to a whole new level: My film, "Predator"

*Author of original report: No CAt, you don't understand!

*Consumer Suggestion: Yes I do know what I am talking about.

*Consumer Comment: Hey Cat..I love it when people say if you could afford it.

*Author of original report: Thank you for the suggestion, but you don't understand!

*Consumer Suggestion: Had you only owned........

What's this?
What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

SEO Reputation Management at its best!

I an sueing Saxon Mortgage,Option One, Wells Fargo and the foreclosing attorneys in Atlanta for the following. PLEASE BE PREPARED TO BE SHOCKED! I have sent my storey to Fox,CBS,ABC,CNN AND MANY MORE. I am also looking for a Federal law firm to help with my cases and to help all who join me in the fighting of these banks.If you feel that you would like more info and you wish to join me please email me at rpreeto@sdahomes.com.Here is my storey!

My name is Regina P*** and I live in Evans Ga. I have been an investor for almost 7 year and when the sub prime market fell my business took a nose dive for the worst. I found myself behind with many of my mortgages.By the Grace of God several of my friends were willing to step in and buy and or payoff my loans so that I would not be foreclosed on.I thought great, right? Boy was I wrong!

Starting with Option One, I requested payoffs 5 times on 4 properties starting around 1/12/08 through 2/4/08 and could not get them. I could not understand why the foreclosing law firm and the bank would not let me pay off my loans!I spoke with a friend of mine and he mentioned that the reason might be because the bank no longer had the original note.I asked, what do you mean? He said that most of these banks have sold the original notes in the secondary market and that they do not have the right to collect your money or FORECLOSE! I started doing some research and he was right. Under the Federal UCC code only the holder of the original note can foreclose!

Fast forward to 2/04/08, I sent Mc Curdy and Candlier Law firm a letter that said that I have requested payoffs and can't get them and that I don't think their client Option One has the original note anymore. Therefore you better not foreclose on me!The next day my secretary went to the court house to see if they were going to cry out the property. THEY DID NOT FORECLOSE ON MY 2 PROPERTIES IN COLUMBIA COUNTY(one was my personal residence),THEY DID FORECLOSE ON MY RICHMOND COUNTY AND HENRY COUNTY PROPERTIES.

Fast forward some more, then the foreclosing attorneys and Option One went out and hired McCalla Raymer to evict me out of my personal residence when they did not EVEN FORECLOSE! When McCalla found out the truth the did reverse the eviction.

The same similar story happened with Saxon and Wells Faro. The foreclosing attorneys Mc Curdy and Candlier and McCalla Raymer could not or would not get payoffs and foreclosed on me. I am sorry, if the attorneys can't get payoffs from their client banks, THEY SHOULD STOP THE FORECLOSURES! I am holding them just as responsible as the bank if not more! I have done alot of research into these banks that are foreclosing without having the original notes and the foreclosing law firms don't care! MY CIVIL RIGHTS HAVE BEEN VIOLATED AND I AM NOT GOING TO LET THESE BANKS GET AWAY WITH THIS ANY LONGER.THE PEOPLE IN THIS COUNTRY NEED TO WAKE UP AND SEE WHAT AND HOW THESE BANKS ARE FORECLOSING!When the banks can't find the note to foreclose(because they sold it, not lost it) they file what is called a lost note affidavit.There have been 4 or 5 states that have got up against these banks and have won.(THE LITTLE GUY KEPT HIS HOUSE) There is no case law in Ga until me!Most of the attorneys that I have spoken with do not have the b***s to stand up to these banks and foreclosing law firms. Please help me find a law firm who does and help me get the word out. If you are intersted please email me and I will send you some info that will open your eyes!

Alias Erin Brockavich!

Regina
Evans, Georgia
U.S.A.

This report was posted on Ripoff Report on 04/12/2008 07:46 AM and is a permanent record located here: http://www.ripoffreport.com/r/SAXON-MORTGAGE/FORT-WORTH-Texas-76137-3605/SAXON-MORTGAGEOption-One-Mortgage-And-Wells-Faro-THEY-WOULD-NO-GIVE-ME-A-PAYOFF-AND-THEY-325526. 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.

Click Here to read other Ripoff Reports on SAXON MORTGAGE

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
REBUTTALS & REPLIES:
0Author 9Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Suggestion

Regina Pretoriuus,I need your help against Saxon

AUTHOR: Scam Finder - (U.S.A.)

Hi Regina,

Can you send the info about Saxon,WellsFargo and Option one that you said would be eye opening.I'm going up against them in a foreclosure situation and I want to keep my home and of course they are not working with me. PLEASE HELP ME !!!!!


Thanks,
NEED HELP IN ATLANTA
Respond to this report!
What's this?

#2 Author of original report

The truth will come out!

AUTHOR: Regina Preetorius - (U.S.A.)

To the individual who posted the last comment. I know who you are and I appreaciate your imput and opinion.Everyone has one.But as my cases enter in to Federal Court where they belong a lot of people will be very surprised and shocked what will be reveled.The article was written by a reporter who only had one side of the storey and as directed by my attorneys I am not to disclose any information until we go to court.But I will say this much, whomever the reporter had been talking to about all of the information has opened their side up for litagation.I think that it is pretty bad when certain attorneys have to invent or grey up the truth in order to make their cases look better. I am not afraid to sign my name to this, why don't you sign your name as well next time.

Thank you,

Regina Preetorius
Respond to this report!
What's this?

#3 Consumer Comment

Another side to this story

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

Regina, Regina, Regina...I'm so sorry you're going through this because I hate to see anyone in a bad situation, but it appears you're not telling the entire story.

There's definitely more to this story and it involves many other people who are now in an even worse situation. See this article in OUR local paper. You see, it's difficult to completely empathize with your current situation after reading this. For those of you who are not registered with the newspaper site below, rest assured that it is safe to register and at worst you'll only receive about ten emails a year from some of their sponsors.

http://chronicle.augusta.com/stories/081708/met_469804.shtml
Respond to this report!
What's this?

#4 Consumer Suggestion

Taking my fight with Option One to a whole new level: My film, "Predator"

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

Regina,

I read your Ripoff report this afternoon and would like to let you know that I also have been victimized by Option One. Currently foreclosure action is on hold indefinitely after my attorney filed an answer to the summons in the county district court. In the meantime, I decided to elevate my fight to a whole new level by making and releasing my short film, "Predator" to the Internet, which exposes H&R Block and Option One for the bad apples they are. I also included a few victims' stories from this site in the film. Hopefully this will create media interest. If you want to download "Predator" and share it with your friends, relatives, co workers and local media, you are more than welcome to do so. The URL to the film is at

http://www.ireport.com/docs/DOC-15905

I am also burning the film to CD to distribute to media outlets as well as our Presidential candidates and anyone else I can think of. Option One has to be STOPPED! My email addy is (((ROR REDACTED)))

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.
Respond to this report!
What's this?

#5 Author of original report

No CAt, you don't understand!

AUTHOR: Regina Preetorius - (U.S.A.)

Cat,

Inspecting 800 properties a year does not make you qualified. No matter what my situation is I have THE RIGHT TO PAY OFF ANY MORTGAGE I CHOOSE! IF THE BANKS HAD DONE THEIR JOB AND HAD NOT MADE SUCH A MESS OF THIS ECONOMY THERE WOULD NOT HAVE BEEN A PROBLEM. MY SITUATION WAS CAUSED BECAUSE OF THE FOLLOWING.I ENCOURAGE YOU TO READ MORE AND DO SOME RESEARCH ON MISSING NOTES TO SEE WHAT THESE BANKS ARE DOING AND WHY THEY ARE NOT RESPONDING TO THEIR CUSTOMERS.I AN NOT TRYING TO START AN ARGUEMENT BUT THERE IS A LOT STUFF THAT IS GOING ON BEHIND CLOSED DOORS.IF YOU WILL SEND ME YOUR EMAIL ADDRESS I WILL SEND YOU SOME INFO THAT OUR LOCAL ATTORNEYS AND MYSELF HAVE FOUND.

1. One of the banks stop sending statements
2.One of the mortgage companies went out of business in Feb
3.Several of my customers were at the closing and could not close because THE BANKS CHANGED THEIR PROGRAMS OR CLOSED DOWN.
4. SEVERAL BANKS WOULD NOT GIVE ME PAYOFFS OR INFO
5. One companies fax and phone would just ring and ring.


P.S. ON SEVERAL OF THESE LOANS THEY WERE TAKEN OVER BY SUBJECT TO AND IF YOU REMEMBER, I HAD THE CASH TO PAY THEM OFF.BUT AGAIN HOW DO YOU PAY THEM OFF IF YOU CAN'T GET A PAYOFF.
Respond to this report!
What's this?

#6 Consumer Suggestion

Yes I do know what I am talking about.

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

I visually inpsect at the minimum of 800 plus houses a month. I have seen it all. So yes I do know exactly what I am talking about. However, had you owned a fewer houses and paid cash then you would be in a different situation. It is possible to do if you have owned that many then you know that you are putting yourself in a mess to have that much debit. I would like to see you keep your home, not lose it.

Cat
Respond to this report!
What's this?

#7 Consumer Comment

Hey Cat..I love it when people say if you could afford it.

AUTHOR: Mortgagefraudwlsfargo! - (U.S.A.)

I could an did afford my home until they sent me false mortgage statements. Don't assume that everybody that is in dept with these mortgage companies can't afford their homes. The high fees an unwillingness to actually work with their customers is whats causing this mess. Plus, in my situation it has been false documentation from the company itself. In over my head. I will be in over my head if I am forced to live in a small $600 apartment. Lose all my pets. An my family. My Mom & Brother live here as well. Justice is all these people seek. All I seek before these huge mortgage companies take me under. Because they have the power to do so. Please don't assume.
Respond to this report!
What's this?

#8 Author of original report

Thank you for the suggestion, but you don't understand!

AUTHOR: Regina Preetorius - (U.S.A.)

I have bought and sold well over a 100 properties and have taught many seminars in real eatate investing. I have brought many proerties with cash and have been very sucessful.The problem is when property values sink and the buyers are unable to obtain loans or when you think that you are going to close on a loan with a buyer and the banks shut their doors literally the day of closing or a few days prior.I had 3 closings in a 5 month span where they closed and but no money was sent. I had 13 closings where we were unable to obtain payoffs. 4 of them, my own realestate attorney could not get payoffs because the banks CLOSED THEIR DOORS. No offense, but but I REALLY DON'T THINK YOU UNDERSTAND HOW BAD THINGS ARE WITH THESE BANKS.

REGINA
Respond to this report!
What's this?

#9 Consumer Suggestion

Had you only owned........

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

what you could afford you wouldnt be in this mess. It is better to have 2 paid off properties than 5 or 6 invested and in this mess. I can't tell you how many people I see like you that are in over your head. A good tip if you ever get out of this mess. USE CASH next time. It works great! Start slow and work up until you have several PAID FOR PROPERTIES. I inspect over 800 properties a month that are behind because they "bought" by people who did not use cash or a great amt of cash. It is sad because I am sure you had good intentions but in the end it's the paid for houses that are not going into forcolousure.

And no I'm not rich, far from it, I've learned by watching others and by not having credit card debit and no car payment. Good luck.

Cat
Respond to this report!
What's this?
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?

Advertisers above have met our
strict standards for business conduct.



Ripoff Report Legal Directory