Welcome to the run around....I suspect they are just getting started.
A new servicer (pretender lender/debt collector) Specialized Loan Servicing sent letter saying they had no record of us having Home Owners Insurance. I have copy of paid policy and the previous lender/ servicer had an escrow account so they knew it. New Servicer requested to please contact Insurer and have them put on as loss payee.
( I do not know these people never have made a payment nor have I done any business with them and in fact they are showing a different loan number since they took over the loan. This home loan was filed and discharged in BK 7 they are breaking the law by contacting me!
I did not respond and sure enough three weeks later I get a notice from my insurance company ( the one they said they were not aware of) and Specialized Loan Servicing actually got the insurance company to change the loss payee to them. I pay this policy and I did not authorize or contact my insurer.
How can they do that without my permission did they call and say they were the homeowner?
I have a good mind to change the loss payee to my name! I have no idea who the real loss payee would be.....
Now I get a letter saying the home is not insured for enough... and to please raise the policy amount. The home is mortgaged on 1st for 870,000 but has grown to 965,000 on a neg am loan. The value today if I were to sell it 575,000 including 3 acres that would still be there even if the house burned down. We have it insured for 650,000 replacement cost of the dwelling.
Next they will force a policy on the loan... GO FOR IT!!
Last payment accepted by my first servicer on 2/09, received a NOD in 4/09 from original lender /servicer, received notice of servicing change on 5 /09 when lender/ servicer was purchased by another bank. Received lost note and intent to foreclose 12/ 09 from foreclosure mill attorney, Received notice of servicer change again on 3/10 to debt collector ( Specialized Loan Servicing) noticed loan change number. Next went to Check County clerks office (non-judicial state) once I saw loan number changed and sure enough found MERS had filed a subsitution of trustee to US BANK NA trusts XXXXXXX on 2/10 before servicing change/ loan number change. Not sure what all this means just keeping a record of it all.
Meanwhile last payment we paid was 2/09 when they took lump payment for three payments and they added on additional fees and made one payment short and put it in a suspense fund and sent NOD the very next week.
We filed BK 7 and were discharged in 7/08 . Lender /Servicer at the time was granted Motion for Relief of Stay we did not know what we know now and lost an opportunity to deal with the fraud right there. A missed opportunity to stop them cold in my view. If I had I may not have had to claim BK7 that is what makes me angry today. I wish I could reopen my Chapter 7 and show they lied to the court. Hopefully the documents they filed them will lok different from what they file when we finally have our day in court and we will catch them in the lie and show the court how they already lied to the BK court. I am sure that is frowned upon!!
I will continue to stay and fight I am not a deadbeat. I have paid over over 240,000 into this house plus modification and attorney fees, I hit a rough patch like so many other hard working americans little did I know they were just sitting and waiting betting on my default. This is my home where I want my kids to bring the grand kids and I refuse to let someone with no skin in the game steal my home. Real Investor please come forward and I will be happy to work out something that is a win win for each of us. Everyone else you are on notice I will not leave this home without a FIGHT!