Saxon adds $80,000 in fees, forecloses, and sells home for $49,000

JW in Texas said: “My wife and I got so fed up with Saxon we vacated our home. Would not respond and when they did call us. The fees they tacked on to the loan for late fees etc was over $80K. The realtor is selling it for Mellon Bank (Bank of New York Mellon), and Mellon bought it at foreclosure for $49K. We would have gladly did a Refi for $70K and now the home is being sold for $20K less ? Why is that ? Makes no sense. This just really ticks me off.”