National Mortgage Complaint Center Blasts All US Banks for Failing to Give Homeowners Constant Buyer Service on Mortgage Loan Modifications


(Vocus/PRWEB) April 04, 2011

The National Mortgage Complaint Center is accusing all US banks, and loan servicing businesses of really dropping the ball, when it comes to assisting potentially a million plus US property owners trying to qualify for a loan modification, or a mortgage loan operate out. The group says, “When a desperate US homeowner attempts to get in touch with a bank, or loan servicing center, they never ever get the very same customer service representative twice, and far more usually than not they are receiving conflicting details. As an instance a single customer service representative, will inform a homeowner, who has always been present on their mortgage to stop creating payments on their loan-in order to qualify for a loan modification? We have actually talked hundreds of shoppers, who have been told to quit making their mortgage payments–the dilemma–the bank representative just instructed the homeowner to blow up their credit score, by missing mortgage payments! How amazingly stupid is that? Then an additional customer service representative will inform the same borrower–Oh my God you have stopped producing mortgage payments-you are now in foreclosure.” http://NationalMortgageComplaintCenter.Com

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The National Mortgage Complaint Center says, “If the national news media is actually interested in this US loan servicing disaster story–just let us know–we will do a press release targeting any US city you want &amp you can have a little town hall meeting with victims of this nonsense–the only dilemma–you in the press will need to rent the facility, and its going to need to be genuinely, really big–simply because you will have tens of thousands of US citizens in any huge, or medium sized metro area, who all will have a mortgage loan servicing nightmare story for you. The issue is that vast.” http://NationalMortgageComplaintCenter.Com

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The National Mortgage Complaint Center says, “So how do we repair this loan servicing nightmare for all US property owners? Truly, we feel its sort of simple. When a borrower calls their bank about a mortgage problem, they should be assigned a distinct consumer service representative, who will supply the customer with their complete name, buyer ID, and e-mail address. If its a loan modification, or mortgage function out, this bank, or loan servicing representative will stay with the consumer till whatever the activity at hand is accomplished, and the bank rep sends the borrower specific directions-not this verbal–stop creating your payments nonsense.” They say, “A enormous element of our current US mortgage, or US genuine estate disaster is a direct result of banks, or loan servicers never offering the borrower with anything in writing, by no means enabling the homeowner to get an e-mail, or something in writing, and never ever receiving the identical client service particular person twice. This needs to stop now, if we ever have any hope of placing the present US true estate disaster in our nations rear view mirror-US banks, as nicely as loan servicing firms have to do a significantly greater job, and the US Congress requirements to cease giving banks money for mortgage bailouts, that are absolutely nothing a lot more than an absolute waste of taxpayer money.” http://NationalMortgageComplaintCenter.Com

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