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OverbillingExcessive Late Fees

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Homecomings Financial

My husband and I were charged excessive and deliberate late fees resulting in numerous foreclosure notices. Homecomings also had a tendency to increase the monthly mortgage payment, at random mind you, causing severe financial hardships to not only my family, but numerous other families as well. I have documented paper work stating the afore mentioned. In my honest opinion, Homecomings should most definitely have a class action law suit placed against them for all the hardships they have caused. My husband and I had to subsequently refinance several more times in order to get out of the financial ruin Homecomings put us in, leaving us several thousand dollars in debt, no thanks to Homecomings. Finally, three years later we are in a fixed mortgage at a decent interest rate -- but it took us three long, hard years. I can definitely empathize with the people who have lost their homes thanks to Homecomings Financial.

Thank you!


Author:
Pam from Melrose Park, IL
Updated:
8/28/2006 4:06:17 PM
Created:
8/28/2006 4:06:17 PM
Topic:
Finance
Category:
Banks
Occurred In:
Melrose Park, Illinois
On Internet?:
Yes
Nationwide?:
Yes

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