Ripoff Report Needs Your Help!
X  |  CLOSE
Report: #291237

Complaint Review: Litton Loan Servicing - Houston Texas

  • Submitted:
  • Updated:
  • Reported By: Matteson Illinois
  • Author Confirmed What's this?
  • Why?
  • Litton Loan Servicing P.O. Box 4387 Houston, Texas U.S.A.

Show customers why they should trust your business over your competitors...

Is this
Report about YOU
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
How to fix
Ripoff Report
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Litton Loan Servicing using negative financial terms in documents they provide to other lenders. Keeping other banks from offering a loan so that the borrower is unable to obtain a loan with lower interest rates. Litton Loan Servicing keeps the borrowers captive to its high interest sub prime loan rip-off.

When I tried to refinance away from Litton Loan Servicing they provided negative information which was used to keep me from obtaining a refinance with another Bank.

Now they are trying to take my home through foreclosure. I have worked with Litton Loan Servicing. I filled out tons of information. They declined a loan modification and did not tell me.

I left tons of messages and faxed over numerous documents. Litton Loan Servicing never responded back to me. I only found out Litton Loan Servicing declined the loan modification when I spoke to a "snotty" lady on the phone.

Litton Loan Servicing is a scandalous company. Litton Loan Servicing gives out misleading information when all the while they are quickly working to seize your home through foreclosure.

I need help! I am interested in suing Litton Loan Servicing. If you are an attorney reading this, please call me.

Reggie
Matteson, Illinois
U.S.A.

This report was posted on Ripoff Report on 12/13/2007 09:32 AM and is a permanent record located here: https://www.ripoffreport.com/reports/litton-loan-servicing/houston-texas-77210/litton-loan-servicing-foreclosure-via-deceptive-tatics-houston-texas-291237. 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

Search for additional reports

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

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

Updates & Rebuttals

REBUTTALS & REPLIES:
0Author
3Consumer
0Employee/Owner

#3 Consumer Suggestion

Recommendation of an effective consumer solution

AUTHOR: Joseph - (United States of America)

POSTED: Thursday, December 08, 2011

dont torture your self trying to work with Litton Loan Servicing your self on a voluntary basis, its been proven that most servicers are being sued by the true Note Holders for 'unjust enrichment' meaning the true note holders of mortgage backed securities (your loan) are recouping lost monies from Servicers(Litton) for benefiting financially from purposley mishandling foreclosure avoidance (your file). They (your Note Holder) often is not made aware of the homeowner(you)'s desire to retain the home or their ability to sustain the home with simple and available programs they(Litton) were paid (TARP funds) to extend to the homeowner. go to www.suelittonloan.org and a Non Profit Law Clinic representative will provide you access to completly free Lender Fraud and Violation Analysis Report as well as FREE No cost Legal Loan Modification assistance while they get you pre-qualified for one of several Permanent Principal Reduction Programs available to the public.... what makes this Non Profit Law Clinic unique is that they can and will actually also assist you with Federal or State Court Legal representation based on their findings... Lender Lawsuit Litigation or Bankruptcy Protection while offering your lender (litton) and your actual Note Holder (T.B.D) an alternative to the enevitable legal battle by recommending demanding a settlement that you can live with.....when you get a chance Google search "CPAC Non Profit Law Clinic wins against Litton Loan Servicing". My next door neighbor got his foreclosed home put back into his name after the Trustee sale reversal he finally recieved the Loan Modification that he was previously denied for because he had CPAC Non Profit Law Clinic help him!  

Respond to this report!
What's this?

#2 Consumer Comment

Here's where some are getting it wrong.

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

POSTED: Sunday, December 16, 2007

When you file loan modification papers, if you show you cannot make your payments, your modification will not be granted. People think that if they put on their paperwork no money and many debts, their modification will be granted due to hardship. This does not work. Loan modifications are only granted to those who can afford to make the payments. Just like you have to qualify for a mortgage in the first place, you have to qualify for the modification too. I know it sounds kinda weird (if I can afford the payment, why would I need a modification), but there are different modifications for different reasons. Some modifications end up making you pay more to catch up, and some modifications end up making you pay less (as in the new ARM modifications). However, those modifications will not be less than your original payments anyway.

Loan modifications are not usually offered just because you need to lower your monthly payment. Many people believe they can get a loan modification because they can no longer afford their monthly payment and need it lower. That is called refinancing to a better interest rate. Both require certain qualifications.

Respond to this report!
What's this?

#1 Consumer Suggestion

Reggie here are some things for you to consider

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

POSTED: Saturday, December 15, 2007

Reggie, first let me state that from reading your post, you may have gotten behind on your mortgage payments, and that is the reason you were trying to work out a loan modification with Litton. As for your credit report, if you were late on mortgage payments it affects your credit significantly, and this is probably the reason that you cannot get another loan.

Contrary to popular belief, lenders do not want to foreclose, the expense outweighs the benefit of foreclosing and lenders are not in the real estate business.

Due to the mortgage crisis our country has seen there are alot of resources for you and other homeowners to take advantage of in order to save your home and no not the foreclosure bailout companies.

Lenders often do not agree to a loan modification or enter a forbearance agreement if they find that you do not have sufficient income to repay your debts and continue making the agreed payments.

I would recommend contacting HUD. you can find their information on the internet and find out what your options are. Good luck

Respond to this report!
What's this?
Featured Reports

Advertisers above have met our
strict standards for business conduct.

X
What do hackers,
questionable attorneys and
fake court orders have in common?
...Dishonest Reputation Management Investigates Reputation Repair
Free speech rights compromised

WATCH News
Segment Now