Fairbanks Capital Corp update to prepay ripoff abused & mistreated ripoff business from hell cheated employees and screwed the customers even more ripoff business from hell Austin Texas

January 27th.

My own secondary marketing execs (I work for a major mortgage lender) have contacted THEIR contacts within Fairbanks, and have recieved profuse apologies for not running a payoff Fairbanks recieved ON DECEMBER 26TH!!!!!

Yet, I contact Fairbanks, and lo and behold, no payoff has been run, and each CSR I talk to says there is no notation in the file, and all they want to know is "When are you going to make your January payment?"

I owe them NOTHING! They were paid off, in full, A MONTH AGO, AND they are now adding LATE FEES!

Get this, there is NO GOVERNMENT REGULATION IN UTAH THAT SAYS PAYMENT MUST BE RUN THE DAY RECIEVED! A corrupt servicing company like Fairbanks can legally hold payments until other fees can be applied. I have been in the business for 25 years, and would NEVER have dreamed a comapny like this could operate and get away with it. Something I want all of you know, every legitimate mortgage company I know in this industry WANTS to help it's customer. They will bend over backward to help you. They WANT you to stay their customer. Fairbanks is NOT one of them. As I see it, this company sees equity, and goes after it, even if, like myself, you have never missed a payment and even paid early.

As of today, I have a few names of the people my own company has talked to. Each one has told my corp execs that the "payoff was signed off, and was run," but it hasn't been. Today, I recieved a return call that they would "Look into it."

Worst part is, I have become so distraught at the situation and Fairbanks' blatant disregard for my own companys' attempts to get them to solve the problem, I can no longer do my job, and am ready to quit. I have lost faith in the process my own corp is using to help me, because it has gone nowhere.

I am already making payments on my new refi lender, but I may lose my home to Fairbanks because I refuse to pay them money they are not due. Every bit of evidence and records I have (and I keep EVERYTHING, I'm in the biz, remember...) is being turned over to Daniel Mulligan attorney, at 660 Market Street 3rd Floor, SF, Ca. He has filed a class action against Fairbanks on behalf of three plaintiffs.

Wish me luck.