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Ripoff Report | Oregon Homeowner Initiat Review - Salem, Oregon
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Report: #789738

Complaint Review: Oregon Homeowner Initiative - Salem Oregon

  • Submitted:
  • Updated:
  • Reported By: Joleen — Blachly Oregon United States of America
  • Author Not Confirmed What's this?
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  • Oregon Homeowner Initiative Salem, Oregon United States of America

Oregon Homeowner Initiative OHSI Signed a contract to have mortgage assistance. They made payments and then terminated me from the program stating I did not show a 25% loss of income after I signed the contract. Salem, Oregon

*Consumer Comment: FYI

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I was told I was eligible for the Federal Hardest Hit Money that came to the State of Oregon.
I went through 3 eligibility screenings.
Went to the underwriters, and I signed the contract.  Payments were made to the mortgage company. 
Then I received a termination letter stating I was found ineligible due to not showing a 25% loss of income.  I was terminated from the program.
I asked do you usually have people sign contracts and then find them ineligible?  Was told their underwriters could not possibly have reviewed all due to overwhelming response.

This report was posted on Ripoff Report on 10/17/2011 11:58 AM and is a permanent record located here: https://www.ripoffreport.com/reports/oregon-homeowner-initiative/salem-oregon-/oregon-homeowner-initiative-ohsi-signed-a-contract-to-have-mortgage-assistance-they-made-789738. 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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#1 Consumer Comment

FYI

AUTHOR: Susan - (USA)

POSTED: Monday, October 17, 2011

The state of Oregon  does not do mortgages.

Your report is about what ever bail out "Mortgage" company you were dealing with.

Payments were made to the mortgage company. " I hope those payments went to your original mortgage company.

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