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Report: #154815

Complaint Review: HOMEQ SERVICING CORPORATION - SACRAMENTO California

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  • Reported By: philadelphia Pennsylvania
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  • HOMEQ SERVICING CORPORATION POST OFFICE BOX 13716 SACRAMENTO, California U.S.A.

HOMEQ SERVICING CORPORATION RIPOFF SCAM, HOW CAN THRY ROB ME BLIND, THEY JUST WANT TO TAKE MY HOME SACRAMENTO California

*Consumer Comment: federal trade commission

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My loan was sold to tms/homeq 1997. Homeq has done a number on me.They always want money. My payments always goes up. They are forclosing on me because they said I am 20,0000 behind I have been making my payments. They increased my payments from 711.90 to 989.95 a difference of 278.05.

I received a letter in may of 2005 stating the payment was changed. They forced me to get there insurance. I had my own insurance when they increased my payment I could no longer afford the home owners insurance I had which was better coverage.

I borrowed 49,000 in 1996 My balance is 41,000 how can that be .They are just taking my money and I will never get them paid off. I don't get statements. I'm just sending money and don't know how it is being applied. I still owe basically the same as I borrowed nine years ago.I called them to set up an arrangement. They said I did not meet the criteria for a repayment plan they first told me I could.

I got a forclosure notice in the mail this week. Now i'm starting to get letters from lawyers to file bankruptcy. I did that before when homeq forclosed made satisfactory payments as they instructed me. They sent me a letter jan05 stating my account was current.

Now eight months later they say I owe 20,0000. They also state my account is 4 months behind I have all receipts. They want to take my home. How can I stop them? I want to start a class action if anyone is interested that got ripped off by tms/homeq. Now my account has accured late fees and other hidden cost and attorney fees. This is a corrupt company and they have to be shut down and stop ripping off consumers.

Ola
philadelphia, Pennsylvania
U.S.A.

This report was posted on Ripoff Report on 08/24/2005 10:08 AM and is a permanent record located here: https://www.ripoffreport.com/reports/homeq-servicing-corporation/sacramento-california-95853-3716/homeq-servicing-corporation-ripoff-scam-how-can-thry-rob-me-blind-they-just-want-to-take-154815. 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. READ: Foreign websites steal our content

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#1 Consumer Comment

federal trade commission

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

POSTED: Saturday, August 27, 2005

call the federal trade commission if everyone would do that this would stop I called but they have to have several complaints before they will do anything

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