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Report: #533554

Complaint Review: ASC America's Servicing Co. - Des Moines Iowa

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  • Reported By: Josh — Pensacola Florida United States of America
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  • ASC America's Servicing Co. P.O. Box 10388 Des Moines, Iowa United States of America

ASC America's Servicing Co. After 6 mo. of making double payments thru loss mitigation, I got no help that they promised. They ripped me off. Liars Des Moines Iowa

*Consumer Comment: they don't have to help

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I lost my job but secured another one quickly. My job now pays about half of the one I lost, making it impossible to make my mortgage payments.

After contacting ASC , we came to an agreement . Thru their loss mitigation dept. I was to make a $2400 payment each month for 6 months instead of my $1200 pmt..I did this at the cost of everything my family had in savings and pay checks.

At the end of the 6 mo. agreement they said that they would then negotiate a new interest rate so that we could afford to keep our home. simply put " Liars"!!!They sent me a statement showing that my 9% interest rate was to be changed to 9%.

They then told me that they would forclose. My response to that was to ask them to show proof that they actually held my mortgage note. I have not received anything from them sense then accept late statements. I also have not made any more payments to them. I simply don't know what to do.I cannot afford legal help and now I'm afraid that my family could lose our home because of these cheats and liars.

Did government not give them bail out money? Tax payer money!!!

This report was posted on Ripoff Report on 12/04/2009 08:20 AM and is a permanent record located here: https://www.ripoffreport.com/reports/asc-americas-servicing-co/des-moines-iowa-50306/asc-americas-servicing-co-after-6-mo-of-making-double-payments-thru-loss-mitigation-i-533554. 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

they don't have to help

AUTHOR: Cameo152 - (U.S.A.)

POSTED: Tuesday, January 19, 2010

right before i lost my home i had talk to my attorney that was supposed to be helping me fight them and well needless to say he was worthless. but anyway turns out that ASC doesn't have to help you if they don't want to, no matter what obama passed. so in the end i lost my home. just so you know if you can't afford the house you will loose it cuz ASC will not under any circumstances help you as a consumer. in their eyes if you can't afford thier payment and current interest rate that they have set for you, then you can't afford the house PERIOD!!! no exceptions. sorry i hope it works out.

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