Saxon Mortgage, HUD, and new neighbors

Today I discovered what many people probably suspected. Saxon Mortgage did not foreclose in the middle of winter because homes would freeze and become damaged. Instead, Saxon Mortgage promised HAMP modifications that never happened, and foreclosed or threatened foreclosure when the weather moderated. Our property manager went to inspect our properties in Alabama. Neighbors told …

Rate Your Mortgage Revisited

I described the conditions when mortgages were paid before their due date on the first of the month in the first article. This update describes the outcome when I made the February payments. These payments were made between the first and sixteenth of the month. Wells Fargo and Saxon Mortgage were paid using their online …