They are scam artists and use every opportunity to squeeze more money and fees out of you until they sell the house from under you...
We fell behind on our high variable interest mortgage, when both my husband and I lost our jobs for several months over the last year. We struggled to make good on the loan, and made every effort to keep our home from foreclosure, and eventually filed bankruptcy.
HomEq would not negotiate a modifcation. Throughout the entire process, HomEq's billing and accounting, has been grossly inaccurate, billing us and adding unrealistic fees for payments that were made, but THEY had no record of. And we were asked to provide proof of payment almost every month. If a bank cannot keep track of its own investments, how can it be expected to manage a hand out from the government?
Two days before the bank auction, HomEq insisted that we pay ten thousand dollars before they would even consider "modifying" our mortgage.
If you are buying a home do not go with them...RUN AWAY! As far away from them as you can, or you, too will lose your home to them.
Review about: Mortgage Loan.
Monetary Loss: $140.