Homecomings Financial Wrongful Foreclosure, RESPA Violations, Predatory Lending, Unlawful Servicing Ripoff Dallas Texas

The New York Law Firm Wolf & Popper, that was handling the class action against this monster did not win. The case was dismissed...I do not know of any other firm willing to take this on. It is amazing that there is not a single soul out there who can help the victims...after all, you see what the industry is like today. Countrywide shutting down along with many other predatory lenders.

It is only going to get worse. I have been fighting for over 7 years. They got my home but I got a better and bigger one (brand new on a golf course) cause those idiots did not know what they were doing and thought they messed me up totally. To prove they are liars my credit was not affected by this error. So go figure were my payments really behind then? I think not but it's ok they too will meet their maker.

I have tried to see how to reach you and can not. please contact me at my email . this company is so tired and so yesterday in my life but it has destroyed a big part of my life. i would like to talk to you and pick your brain. i am on a personal mission to bring this entity down...even though they have taken my home, i am in one 2x its size, on a golf course...needless to say...who was wrong. bit my family is broken and lost. i tried to buy the house back even though they wanted over $240K for me to refinance it, the balance was only $150k and they only got $190K for it. it looks like it is abandoned right now...i need to post pics of what the house looked like while i lived in it and was fighting for it vs the wonderful hand picked owners homecomings put in it now...wow talk about depreciating a valuable neighborhood...please reach out to me asap!!!


CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

You all must look beyond the "predatory lending" and other surface issues and look to the company's structure. Within the structure of the company you will find most of your answers and I suspect resolutions will be forthcoming.

This company holds itself out to be something it is not. You need to look at how the company is chartered and challenge what they tell you. There are rules and regulations that must be abided by in each state pursuant to the state banking laws. This company tries to sidestep these rules and has in fact been successful in many instances. If this company tries to tell you that they are federally chartered and as such are exempt from the banking laws and regs in your state, challenge them and make them prove it. Go to the state banking department and see what they have to say about this company's charter and the charter of any subsidiary they try running up the flag pole. The Federal Banking Commision is contacted very easily and is very helpful as well. I challenged them and got a $13,000 early payment penalty taken care of. Not by me either, it was an organization that was working with Homecomings that agreed to pay the penalty. Somehow I suspect that this was directed by Homecomings, but I did not care, they paid it and I did not. I promised an investigation by State Attorney Generals Office and that resulted in a resolution within 24 hours.

Be smart, do your homework and you too will be in a position to prevail against this organization when they are wrong. Keep in mind too that this organization cannot "carry" every person who runs into trouble. They are in this business to make money, perhaps their tactics are suspect sometimes, but they cannot be expected to not pursue foreclosures when there is no other alternative that is financially reasonable for them.

Homecomings Financial appreciates the time you have taken to express your concerns. We are eager to quickly address the issues you raised on this Web site. Please forward the details of your concerns, your account number, and any supporting documentation that you possess, to Homecomings Financial, P.O. Box 890036, Dallas, TX 75389, Attention: Priority Correspondence. Upon receipt of this information, your correspondence will be prioritized for special handling, and we will respond to your letter as soon as possible. We look forward to hearing from you.

* Please be advised that this communication and all subsequent communication, written and/or oral, is an attempt to collect a debt by a debt collector, and any information obtained will be used for that purpose. *

Ok, this has to beat them all...I found this article listed on www.Forbes.com
Read on and send in your comments...I have forwarded this article along with this website to my local tv stations. I have questions for this company that maybe a tv crew and investigator might be able to have answered. I suggest you all do the same...

BusinessWire
GMAC-RFC and Homecomings Financial to Donate Up To $1,000,000 to Hurricane Katrina Relief Effort
09.02.05, 4:31 PM ET

Residential Funding Corporation (GMAC-RFC) plans to assist the victims of Hurricane Katrina with up to $1,000,000 in financial assistance.

The company will match all donations made by its 4,700 employees, for a total contribution of up to $1,000,000. GMAC-RFC associates, including those of its subsidiary, Homecomings Financial(SM), may direct their donations to thirteen Federal Emergency Management Agency (FEMA)-recommended nonprofit organizations. These donations complement those contributions by GMAC-RFC's sister companies owned by Residential Capital Corporation (ResCap), and contributions made by GMAC Financial Services and General Motors Corporation.

"The scale of suffering is enormous; thousands of our neighbors have lost everything," says Bruce Paradis, president and CEO, GMAC-RFC. "In times of need, our associate family has always responded from the heart. We are encouraging our associates to help by donating to designated relief organizations."

In addition, GMAC-RFC's subsidiary, Homecomings Financial(SM), which services the home mortgages of more than 730,000 customers nationwide, is offering mortgage relief, counseling and other assistance to the more than 14,000 households it serves in the 53 counties and parishes that have been declared disaster relief areas throughout Mississippi, Louisiana, and Alabama by FEMA following the overwhelming devastation left in Hurricane Katrina's path.

"Our hearts go out to everyone affected by Hurricane Katrina," adds Bob Appel, Managing Director of Homecomings Financial (www.homecomings.com). "We're prepared to do whatever we can to lessen the burden for our customers as they cope with this devastating situation."

Homecomings Financial encourages its customers in the hurricane disaster area to call a toll-free hotline -- 800-206-2901 -- to speak with a specially trained agent who is prepared to provide information on relief efforts and support agencies, including the American Red Cross, governmental agencies, and shelters in their areas. In addition, these agents can offer financial relief if necessary to customers who are experiencing financial hardships due to the hurricane and its aftermath.

GMAC-RFC and Homecomings Financial also recommend that all homeowners adversely affected by Hurricane Katrina call the 1-888-995-HOPE hotline to be connected to counselors who can provide foreclosure prevention counseling free-of-charge to homeowners through the Homeownership Preservation Foundation (www.hpfonline.org), a Minneapolis-based nonprofit organization.

About GMAC-RFC

GMAC-RFC, a wholly owned subsidiary of Residential Capital Corporation (ResCap), is a leading private issuer of mortgage-backed securities and the No. 1 warehouse lender in the United States. The company leverages its strengths in securitization, lending, and investment to offer a broad portfolio of innovative capital solutions to businesses in a variety of markets. The company is headquartered in Minneapolis and operates in the United States, Canada, Mexico, Brazil, United Kingdom, and continental Europe. For more information about GMAC-RFC, visit www.gmacrfc.com.
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Here is my comment to Forbes.com editor:

It is completely amazing to me that this company you so apparently represent as a positive can really care about the victims of Katrina and offering assistance for foreclosure prevention when they themselves are creating foreclosure situations for their customers. Visit www.ripoffreport.com for more information. You may want to investigate this company regarding the class action suit and the WV Attorney General's office findings when dealing with this company. They are in the spotlight when it comes to foreclosures...wrongful foreclosures. $11 Million Dollars was the amount that Homecomings had to release in loans for 279 homeowners who were wrongfully foreclosed on in West Virginia along with $770 thousand in restitution. A mere $1 million seems extremely petty for a company who had a profit of $2.9 billion in 2004. I highly suggest more investigative reporting and less impressions by the number of zeros following the dollar sign when so called donations are given. They are robbing Peter to pay Paul. If you want more information please contact me.