Archive for July, 2009

When Novastar Financial of Kansas City went broke nobody really cried about it. This is a press release from October 16, 2007:
Troubled subprime lender NovaStar Financial, Inc. said late today that it will sell its entire servicing rights to Saxon Mortgage Services, Inc. in a bulk deal that pulls the rug out of NovaStar’s [...]

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Did you know this fact? On October 11, 2007, Ahold USA announced the sale of Tops Markets, LLC to Morgan Stanley Private Equity. Morgan Stanley owns Saxon Mortgage. If you are having issues with your Saxon mortgage, perhaps you should know this simple fact, thereby avoiding Tops Markets.
Tops is an American supermarket [...]

JP said: “I have been having problems with Saxon and several collection agencies as well. These people live under the assumption that they can just get away with anything because they are rich. They forget one important fact. They have no talent, no real skills, and lets face it, without us [...]

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MT in Florida said: “Not to bore you all with the fine details, but yes you guessed it Saxon is trying to steal my home also. but i am fighting back. on June 2, 2009 as a ProSe Filer I file a multi cause complaint in Florida against Saxon, [...]

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MD in New Jersey said: “When I started reading these complaints I could not believe it! My husband and I have been in this situation for 15 months and have had 5 different offers on the table for a short sale every time we were told to send updated info and every time they [...]

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