New York State Banking Dept Visits Saxon Watch

We were pleased to see the New York State Banking Department on our Saxon Mortgage website this morning, relative to HAMP modifications. After monitoring complaints for over a year I can clearly say Saxon Mortgage performs poorly relative to HAMP modifications. At issue is how much money Saxon Mortgage receives from the federal government contrasted …

Geithner vows crackdown on mortgage servicers

Does this apply to Saxon Mortgage? Time will tell. Treasury Secretary Timothy Geithner on Thursday slammed mortgage service companies for failing to do enough to help Americans avoid losing their homes and promised to crack down on shoddy practices. “We do not believe servicers are doing enough to help homeowners — not doing enough to …