I have a file 2" thick of everytime I called PHH Mortgage Mt. Laurel NJ during a 9 month period. Finally fed up, frustrated and going through all my savings at the same time, and facing my business doing half the business it used to. I wrote PHH Mortgage and Fannie Mae a letter letting them know that enough was enough and i C.C'd TV Channels, DIane Feinstein, Howard Berman, Bernark Franke, Joe Bide, and Obama.
Three Hours later i received a call that i now miracusily Qualified for a Home Modification. Only to find out in 4 months that it was an illegal Home loan Modification because it didn't include my house taxes. Phh Paid my house taxes and forced me into a foreclosure.
I've lost my business, my home, and am in debt. Also PHH sent in negative 9 times to Experian , Trans Union, Equifax during the time I was waiting for PHH to evaluate my financials before the modification. Let's not forget the misleading rumor that spread like wild fire , that in order to qualify for a home loan modifcation you had to be 3 months in default. I've sent my letters with copies of my modification before giving up my home to FDIC, Securities & Exchange Commission, Diane Feinstein, Barbara Boxer, and a multitude of other government departments. I received letters from most that "THEY have no Juristican over Mortgage Servicers.
But what about Fannie Mae who owns my home, and was bailed out by our GOVERNMENT shouldn't they be employing a company that is "PRO-Public". In September of 2008 my fico score was 801 I had no debt. my business was booming. 10 days after closing escrow the stock market TANKED, it shook up the people and my business starting to drop.
Shamethebanks.org, and all the negative blog sites dedicated to people writing in their horror stories is great, but we now have to take it to the next level. We need to have an email revolution, by reaching out to everyone on these blogs, orgs, and send it into every government/ TV media/ Newspapers and magazines. Until we bring the banking industry to court and limit their lobbyists, limit how much power they have. Because they're controlling our economy and erasing middle class. They've pulled off the biggest Ponzi scheme, making Bernie Maddof look like a cartoon character.