CALIBER HOME LOANS they gave me a disount on percentage rates and a lower monthly payment. After 3 years they sell the loan to fayer servicing and then I found out that they had added $30,000. to the back of the loan. I thought they were folling the rules regarding the HARP program. I had no idea they were going to do that. Are they allowed to do that? Internet

Calber bought out mortgage from HSBC. HSBC threnthed me  me with foreclosusre and I had to pay   an extra $3000 in one month to catch up. So I did. The very next month i discovered caliber was our new owner. I thought that was completely m unethical. I  figured then the mortgage companies have a great scam going on. Making money off senior citizens.

Caliber then sold the loan to Fay Servicing.  Is this the ofi a mortgage companyn or just a debt colector.

When I received the leter from Fay Servicing I realized caliber had added $30,000 extra. I called Caliber and asked why they did that he said since we had a lower monthly payment they calculated and added it in at the back end of the loan.. As I said I thought this was HARP program and I would not charged extra money for that. 

So I am completely confused. Are they allowed to do that or is this a mortgage scheme for then to make money.