Multiple classes of investors, each with different claims on the same mortgage, often have conflicting interests. Some will do better with a loan foreclosure while others would profit by keeping the loan performing. Some contracts setting up these pool pay loan “servicers” — the companies that manage mortgage payments to investors — more generous payments for loans in foreclosure and offer little financial incentive to undertake the more costly process of modifying terms.
Homeq wants you to foreclose, that’s how they make their money. I would wonder why they didn’t want to help me. I mean I knew something was up when they kept on suggesting short sale, and for me to give up on my house. All these sayings will apply to you Homeq Servicing and the people who do your bidding. Homeq you will reap what you sow, Homeq what goes around comes around, Homeq every dog has it’s day. Homeq you pray on people’s misery and it will catch up with you and the people that work for you.
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| 1. Written by aranda, on 20-08-2009 09:30 homeq is a bunch of crooks. They siad that i do not qulify for a modiciation despite the fact that HUD states i am a great candidet for home mod. HOpe the state of llinois wins thier sue and put a end to the crooks at homeQ |
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