Beware Of Litton Loan Servicing!!!!

Our loan was sold without us knowing back in June,2008. We found out our loan had been sold when we got a foreclosure letter on our door from a company (Litton Loan Servicing) we didn't even know we were affiliated with. I called Litton Loan to let them know that there was a mistake, and that our lender was Aveleo. They told us that Aveleo sold our loan June of 2008, and we own them the money. I let them know that neither Aveleo nor Litton contacted us to let us know that our loan had been sold, and that we have on-line banking and Aveleo has been cashing the checks we have been sending, so they needed to contact them and get their money... They got their money from Aveleo, and we started a repayment plan for one payment we did miss, due to my husband losing hours around the time of the writers strike. We signed the agreement, we paid, they cashed our check, and two weeks later I got a call saying that we were in default. I told the representative that we had just signed a repayment plan and I have the receipt form their company that indicates they cashed our check in my hand. She then told me that they voided the repayment plan... I said, "Why? You got the money on time, you cashed my check! The representative acted taken back by it all and said she didn't know why... She then offered another repayment plan. I said, "Well who is to say this wont happen again? Especially since you have no idea why it was voided to begin with? Am I to cross my fingers in the hopes it wont happen again?" She said Yes! I almost died... I said well what choice do I have. I signed it, I paid, they cashed our check, and two weeks later I got another call from them informing me that it had been voided AGAIN!!!! I was so so upset! I told her that she needed to find out why this kept happening. She put me on hold for 20 minutes and comes back to tell me that it was voided because we over paid... I informed her that I specifically asked if it would be a problem id I made higher payment, the representative at the time said it would be fine. The women said she was sorry that I was misinformed, and asked if I would you like another repayment plan? I said send it out! She did, and as I looked over the new agreement I noticed that even though they voided our previous two plans, due to them misinforming us, they took all the money we over paid and put it towards FEES they charged us! I told the women that I would pay them $1000.00 seeing how I over paid them by $600.00 over the last two repayment plans. They said they wouldn't accept that. I then said I wanted to apply for a Loan Modification. She said we have to show financial hardship. Shortly after my husband left his second job, at which point we applied for the loan modification. We ended up applying 10 times due to them saying they didn't get our papers, or their system changed, or they made changes within their modification plan, etc... We even hired a company to help us, and still had no success. It has been seven months since we originally applied for the Loan Modification, and we just got a "Trial Modification offer" on Monday, August 10, 2009. In that offer I found that they had been charging us for Homeowners Insurance. We have always paid our own! It's never been part of our mortgage payment! We told them this and they hung up or got disconnected once, he called back and they said that this is the only offer we are getting, and wouldn't even acknowledge the fact they had been charging us for a service we already had! Also the new Modification payment was now going to be a $150 more a month than our original payment! They also informed us that even if we paid them on time for the three-month trial, they aren't promising a loan modification to us.

I said well, considering you wont deduct the Homeowners Insurance, and have raised our payment we aren't going to accept this offer. I then asked her for other options we had... She said a short sale. But now since they waited so long too

give us the offer, we only have until Sept 14th to try and find a buyer that will offer an amount Litton will accept. So we all know that�s not going to happen. We can't afford to fight them. So we are walking away. We have been here six years and never had a problem until Litton bought our loan...

We have also requested information regarding charges, they either say they can't send

it, or they say they will and we never get it... It truly has been a nightmare. We have done everything they have asked, and they have not helped us, they wont give us a breakdown of or loan and charges that they have been tacking on, and now that we see they have been charging us for Homeowners Insurance when we pay ourselves, we know that they are adding fraudulent fees to our account.

We have filed complaints with Barbara Boxer, Dianne Feinstein, Gregg Abbott, and Consumer Complaints. Next is the FBI, and I tried the BBB but couldn't condense the complaint to 2030 characters...

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Litton Loan Servicing has continually commited crimes against consumers, the management has accomplished this by creating false documents, charge excessive fees beyond what is in the contract, filed false documents to expedite foreclosure prior to property being in foreclosure. If you are in foreclosure or have been foreclosed upon by Litton Loan Service or Ocwen you have a right to get your house and credit back!!! Send a few paragraph regarding the actions of Litton and/or Ocwen along with any documented proof to badlitton AT gmail.com today to get started. We also recommend you contact your local FBI office with proof of your claim to further expedite your claim. Act NOW!!! send your story and proof to badlitton AT gmail.com

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I agree with all the complaints about Litton Loan. Every time I call I get a different story. One month I was a month ahead in payments and had $5000 in escrow and two months later after not receiving a statement I was 5 months behind and owed escrow $6000. No body could explain why.

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Through The Mod Loan Glass With Dewy, Cheatem & Howe's Jason Curry, Bank of America, Steve Curry, and Impac Mortgage, Impac Lending Services. Today�s corporate executive�s lack of ethics make John D. Rockefeller look like an amateur. I'm glad that complaints. com is providing this service. Exposes happen for a reason. Reasons like bad customer service or injustice. As the realization sinks in that in internet is a real time conduit of ones reputations, customer service will only be forced to get better.

�The public not only has the right to know what sort of person they are; it is the duty of the public to know.� Just tell it to The Man like it is. My hat�s off to you watchdog's who dare speak the truth and spit in the eye of those who think they are in charge. It's the people who are in charge. Here is effective and thoughtful work examining this most critical issue.

(Watchdog: Gadfly: a person who arouses lazy citizens from apathy and ignorance with never-ending and ubiquitous watchdogging. Watchdog: a successful gadfly.)

Indirectly, this �circumventuous� flapdoodle is right on the mark, as in-the-know citizens well understand.

The issue is that house prices have dropped. Why? Because of the mortgage fraud that manipulated them up in the mortgage fraud run-up of late 2003, all of 2004 going into spring of 2005. The mortgage fraud is a significant number of all the home loans. The problem is not just the sub-prime home loans. The problem is that people owe more than the home is worth. The symptoms of the drop in housing prices is foreclosures. The result is a fundamental problem to not only the occupants of a home but also the American economy and global economy as well. There is just way too much housing inventory out there for home prices to have hit bottom. Home prices will go down further as foreclosures continue to further flood the market. Borrowers that owe more than the value of their homes just walk away.

At one time good American townspeople correctly and effectively tarred, feathered and ran out of town on a rail these scoundrels. Be American, don�t get mad, expose these shysters, blog them, then tar, feather and run them out of town on a rail. Starting with Bank of America�s Brian Moyihan, James Emerick, Loraine Raymer, Sonja Wright, Linda Jordan, Thomas Ryan, Charles Holliday, Jr, Walter Massey, Temena McGee, Michelle Langley, Ashley Stix, and Brandon Coltin.

Asking if your lender a patriot or a terrorist is a valid question. Now a patriot is one who loves, supports, and defends one's country. A patriot loves his or her country and supports their country's authority and interests. A terrorist on the other hand, is one that engages in acts or an act of terrorism. Terrorism is the unlawful use or threatened use of force or violence by a person or an organized group against people or property with the intention of intimidating or coercing societies or governments, often for ideological or political reasons. Terrorism is the systematic use of terror especially as a means of coercion. Terror is a state of intense fear, one or something that inspires fear, a frightening aspect terrors of invasion, a cause of anxiety, worry, an appalling person or thing. That's all very clear and straight forward to me. That's all exactly how my family and feel from these home lenders.

OPINION:

Q: What kind of person steals soap?

A: A dirty crook

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My situation sounds exactly as yours. Please send details on class action suit.

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Do yourself a favor. Do not modify through Litton. These people are idiots. Your best shot from the go is to let them file foreclosure and have to court to order mediation. If they wont deal then file bankruptcy. Otherwise you will get involved in the paperwork game and the mean time they are adding your entire mortgage payment onto your loan. They will mess with you until you are insane! I have been dealing with them for 7 months and I started recording all the conversations. Keep an audio record of what they say (if you can understand the barely speaking english rep). After making $7000 worth of mortage payments I now owe $4000.00 more on my principle then when I started. Modification only makes things worse. They keep your money and increase your principle and then charge interest in the increased amount. Litton has to be put into a position of cutting their losses before they will actually help you! Paying an attorney to keep your home just makes the attorney richer. I know people who have done it and come out on the other end losing their homes and big attorney fees to the tune of about $10,000.00. Step 1) let the house go into foreclosure. 2) Save all the money "under your mattress" you would have making in payments. 3)Enter mediation and tell them what you can do 4)if that doesn't work file bankruptcy and make sure to include all claims past present or future with the mortgage company. Otherwise they can come after you for what the house doesn't sell for. 5) if you still can't work it out. Let the sherriff throw you out of your house and take all your mattress money and start over. This whole process takes about 18-24 months an in the mean time you have accumaulated thousands in money. Remember the bank only deals fair when they are cutting their losses.

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i have a law firm that will initiate a class action suit against litton. I need more people before they will take it on a contingency basis. aka no cost to us..can you help rabele7 AT aol.com