Complaint Review: Homecomings Financial, A GMAC Company, - PO Box 205, Waterloo, IA 50704-0205 Iowa
- Homecomings Financial, A GMAC Company, 2711 Haskell Avenue, Ste 900, Dallas, Texas 75204 PO Box 205, Waterloo, IA 50704-0205, Iowa U.S.A.
- Phone: 800-799-9250
- Web:
- Category: Mortgage Companies
Homecomings Financial, A GMAC Company, is not going through with a short sale that has been in process since June 2008. We have sent requested papers at least 3 to 5 times. We have a buyer who has given an earnest money check, have excellent credit. Dallas,Texas
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Homecomings Financial is not doing what they said they would. Jeremiah Hobbs is pushing our potential buyers to a breaking point by requesting the same info over and over again. Not only has our REA sent the same info from 3 to 5 times, we have sent the same info at least 4 to 6 times. Mr. Hobbs keeps losing the info. Now he is requiring either a cash purchase or claiming that the buyers will have to wait for a month for settlement.
We have been dealing with Mr. Hobbs since June 2008. We want settlement by January 2, 2009. His constant befuddlement, loss of our info, and off-beat demands for HUD Forms, and now, cash payment, are going to push us into Foreclosure, which is supposed to occur on January 20, 2009. Our clients have been waiting for three weeks to know whether or not they have a loan for this house. Our clients have A1 credit and are retiring from the US Military.
Hobbs is not keeping to the contract for short sale that we signed in June. He is making ridiculous outrageous demands. His supervisor is Lynn Jones; I've had to wait for this name since June 2008.
Please make Mr. Hobbs and Homecomings Financial keep their contract with us.
Janice
Asheville, North Carolina
U.S.A.
This report was posted on Ripoff Report on 12/29/2008 06:35 PM and is a permanent record located here: https://www.ripoffreport.com/reports/homecomings-financial-a-gmac-company/po-box-205-waterloo-ia-50704-0205-iowa-50704-0205/homecomings-financial-a-gmac-company-is-not-going-through-with-a-short-sale-that-has-bee-406004. 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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