Report: #449156

Complaint Review: Homecomings Financial - GMAC Company - Waterloo Iowa

  • Submitted:
  • Updated:
  • Reported By: Charlotte North Carolina
  • Homecomings Financial - GMAC Company PO Box 205 Waterloo, Iowa U.S.A.

Homecomings Financial - GMAC Company FORCED FORECLOSURE Waterloo Iowa

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I rented my residence in September 08, and the tenant failed to pay the rent in October 08, Homecomings placed my partial payment of $600 of the $900 in suspense. Therefore, in November '08 I was now 2 months delinquent and going through the eviction proceedings. Homecomings sent someone to the property on three occasions to change the locks while I was conducting repairs to the property. I rented the property in December '08. Homecomings refused my payment and returned my check. They immediately went to foreclosure proceedings. I applied for a loan modification and did not hear from them. I contacted the attorney and told them I was not delinquent, none the less they proceeded with serving the property with the foreclosure notices in January 09. I reached a loan repayment plan in February 09. I paid accordingly; Homecomings proceeded with serving the Foreclosure notice in March '09 scaring away the tenant who vacated in April, stating that I breached the contract by not paying my rent. I can not take the tenant to Court to recoup my funds and I can not make the loan repayments because of their direct actions to proceed with a forced foreclosure.

This company sucks and they should go into bankruptcy.

Charlotte, North Carolina

This report was posted on Ripoff Report on 05/06/2009 05:32 AM and is a permanent record located here: https://www.ripoffreport.com/reports/homecomings-financial-gmac-company/waterloo-iowa-50704/homecomings-financial-gmac-company-forced-foreclosure-waterloo-iowa-449156. 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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