Archive for April, 2009

A Dallas homeowner said: “I am also a victim of Saxon. Last year went through workout with them, 12k down. They lost my loan docs. 67 phone calls later and still nothing except the approval from Lindsey Silkirk saying the mod docs would be Fedex to me. Nothing. I paid on my 2nd [...]

LR sent this information. Opinions and conclusions are those of the submitter: “My name is Laurie and I am one of the many victims of Saxon Mortgage Services. After discovering by accident that my home was to be sold at a foreclosure sale, I too tried contacting Saxon. I was in the middle [...]

Proving that we are not the only news source reporting problems at Saxon Mortgage we quote this:
“In January of 2008, we contacted [the lender], to see if there was anything we could do to get back in good standing and keep our home,” said Healy.
“We were relieved when a Saxon representative said, ‘Sure, we can [...]

J sent this, originally as a comment: “We are trying to do a modification on our mortgage. We almost lost our home when our interest rate went from 7.25% to 10.33%. Saxon is nothing but a rip off so please be careful. We sent all that they asked for, our personal paper work, but [...]

A Pennsylvania resident said: ” I have been figting with Saxon since Aug. 2008. I’ll bring you up to speed… 2/28 Mortgage with interest range 8.45% to 15%, bought in Oct 2005. Transfered from New century to Saxon.
1) Requested loan modification in Aug. prior to being late at all.
2) loan modification came [...]