Vanderbilt Mortgage And Finance Ripoff Untimely Payment Posting, Excessive interest, illegal holding of Principal payments Maryville Tennessee

Not only does Warren buffet and he's illegal tactics with regards to Vanderbilt Mortgage and Clayton Homes suck, he own the damned Dairy Queen Restaurants! He also owns the Insurance company that insures your house although they deny it but it's true. We suffered some damage to our roof in a bad storm 2 1/2 weeks ago and some typical rude Warren Buffet employee named Tellie Parker acted like I was trying to rush her to fix my roof! Hey! If it helps all of you, There is a class action suit against Clayton homes right now! You can get the wheels back to your house if you want them! Can you imagine that one? They steal your money and they offer you back wheels to your house?? Warren Buffet needs to go to jail and I will pray every day that it happens.

One there is no one there at 3am in morning, but your payment is applied to your account that day and is put into pending funds to post the next morning at 6am automatically. That is why it post on sundays when no one is there, it does not have to be a business day to post, and no law about payments on sunday.

Well, just waned to wish you luck with your complaints to all the appropriate depts. of state etc. but I can tell you you wont have much luck if yours happens to go like mine, I have posted several comments on this site about Vanderbilt and their antics with me, and again, I will say That I am appalled that so many of us have experience the same things and no action has ever been taken to represent us the consumer please, feel free to search for my postings, and never say die...good luck to you.
Melissa

We to know all to well how you feel, we were in mediation with an attorney and still had to move out of our home now paying $500.00 month rent on an old house and barely eating to make ends meet, but the story on our manufactured home is the fact that we lived in it 8 and a half years and paid $36,000.00 on the home in the 8 and half years and they said we still owed like 14.000 more for a trailer that was falling apart and a metal roof, go figure, they told us if we moved out of the home by the end of november 2007 that the debt would be completely cleared and it would not appear on our credit, we are both disabled and having to start all over again with nothing thanks to Vanderbilt Mortgage/Kevin Clayton. We were treated like dogs by the reps as well as the Warren Buffets answering secretaries, You know that Warren Buffett is the shareholder of the Vanderbilt community, but we never got anywhere there either. But Please include our information in the lawsuit if that is possible at all. Vanderbilt is the main reason for the Mortgage Meltdown, and you would think that appropriate action be taken against them. I have a Report on here, in the Contact Kevin Clayton ,Thank You

I am surprised more complaints are not listed here. We have had several unpleasent experiences with Vanderbilt. The sad thing is, I do not see where anything will ever happen to make things better. Why can House Trailers, modular homes or what ever you want to call them, not be counted as a real house? It is as much our homes as a house built on a foundation is.

To get a home loan on a trailer, it is called a Manufactured Home Loan. It depreciates in value the moment you set it up on your lot. Insurance is hard to get at an affordable rate. Oh, I forgot, the insurance company most of Vanderbilts manufactured homes have is also owned by Vanderbilt.

Why must I pay for information on how much I still owe. Example; for a Written Payoff Amount I must pay $35.00. One year payment history; I must pay $5.00 or for a complete payment history, $25.00. I can understand some of the things they want fees for, example, copy of Contract; Copy of Title but for the payoff amount I think that is wrong. I have a right to know how much I owe.

Back to the insurance. Why should I pay insurance on the purchase price when I would only receive the amount equal to the market value of the manufactured home? The Insurance goes up every year when it should be going down. Which it will but you must pay for the payoff amount so you have it to show to the insurance company and then of course, Vanderbilt must approve the new policy.

We, the consumer, are caught between the proverbal rock and the hard place when it comes to finance companies. Not a pretty place to be.

Scott,

Yes I would like to join in on any complaints against vanderbilt. I have also been fighting with vanderbilt since April. My name is Ranee and I live in Ohio. I have been trying to find someone who we can file a class aciton lawsuit against. Get my info from the manager of this sight. Thanks so much