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Report: #199821

Complaint Review: American Servicing Company - Frederick Maryland

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  • Reported By: Bayonne New Jersey
  • Author Confirmed What's this?
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  • American Servicing Company 7495 New Horizon Way Frederick, Maryland U.S.A.

American Servicing Company non posting of received funds, unauthorized escow set up, increased Mortgage Payments ripoff Frederick Maryland

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In December I paid my mortgage. The bank payed it short ninety dollars, without notifying me they put my money int a suspense account, and reported me to the credit bureau as non paid, causing me to loose my refinancing deal. Then on a letter inquring as to setting up a tax escrow, without notifying me they set it up, and increased my mortgage payment by $1200.00 a month, bringing my payment to over $3000.00 a month.

Now after taking all the money that I had in my savings account with should have brought me current, they claim that i woe them over $10,000.00 and that are trying to forclose on my house. My wife and I have had a good paying record for over two years, until this mortgage was sold to ASC. They are crooks, and they think they can do what ever they want to good paying customers. They have ruined my credit, and I can not make any type of move to help my family.

R J
Bayonne, New Jersey
U.S.A.

This report was posted on Ripoff Report on 07/07/2006 08:15 AM and is a permanent record located here: https://www.ripoffreport.com/reports/american-servicing-company/frederick-maryland-21703/american-servicing-company-non-posting-of-received-funds-unauthorized-escow-set-up-incre-199821. 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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