Loan modification slowdown results in foreclosure

CP said: “I too have been “working with” Saxon on a loan modification for the past four months. Just as everything was in order and they said it was ready to go, they denied it for a missing document. I am now in foreclosure and hoping Legal Aid will be able to help me keep my home. Sign me up also for a class action suit!”

Editor’s Note: Is Saxon afraid of investors and investor lawsuits, or simply unresponsive? From what I’m told by Realtors, Saxon Mortgage and Saxon Mortgage Servicing is the last choice for confidence in short sales and loan modifications. Let me know what you think.