Thursday, October 20, 2011

Loan Servicer Screw-Up Suspected By Families Threatened By Foreclosure Despite Claim That No Payments Have Been Missed

In Orlando, Florida, WFTV-TV Channel 9 reports:

  • Several local families claim an Orange County loan company is threatening to foreclose, even though they haven't missed a payment. Michelle Martinez can't believe she's fighting to keep her parents Deltona home out of foreclosure.

  • Since she says the bank records show they have not missed a payment and yet foreclosure warnings keep arriving. "Countless calls to this company and never get a straight answer."

  • Michelle blames Litton Loan for creating the problem. Litton was sold to Ocwen Loan Servicing near UCF. She claims it's done nothing to resolve her parents nightmare. "Instead of resolution the problem it just gets bigger."

For more, see Action 9 Investigates Mortgage Loan Mess (Families fight mortgage company).

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