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Home  »  Consumer Reviews  »  Mortgage  »  Need Homecomings help to avoid Forclosure and they wanted nothing to do with us!
Need Homecomings help to avoid Forclosure and they wanted nothing to do with us!
Jun 28, 2008
HOMECOMINGS FINANCIAL complaint by Michelle Burger
We have Homecomings and they just adjusted our rate to 9.25%!!!!! We are one of those Americans who got duped into a crappy loan. 2 yr. pre-payment penalty, interest only and adjustable (which I didn't even know until the letter came in the mail!)

So, needless to say when we called Homecomings to see if they could help us in any way with our loan (which we were already having trouble paying) They told us "there was nothing they could do for us at this time" "not until we get our situation better" Well, if our situation was better we wouldn't need their help, right?!

So, now we face foreclosure with no where to live and my little daughter will have to leave the only home she knows. It makes me sick to think how the people who are down and out the most get screwed the worst!
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  Comments (3)
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1. Written by Chad, on 28-07-2008 14:01

I agree with the first comment. You should read the documents before you sign them. I also had one of those crappy loans, but I read the documents and knew what I was doing. I had no problem refinancing into a fixed rate loan after 2 years.

2. Written by Skip Tracy, on 11-07-2008 13:21

Read the *** document before you sign it. You people are morons. 

It's only the single largest purchase you'll ever make and you don't know it's terms? You deserve to be foreclosed on. They should stamp 

TENANT on your forehead because that's all you're worthy of.

3. Written by judy, on 29-06-2008 21:40

i can relate to your situation, i'm a victim as well of their predatory, unethical behavior. now, i'm their worst nightmare! i'm fighting back. i went to the law library, internet and did extensive research on the real estate laws and i single handly filed a lawsuit. if i can be of any assistance, feel free to contact me at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

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