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Litton Loan Servicing - Litton Loan Took my Money

  • by   Dec 27, 2012
  • Review #: 370580
CompanyLitton Loan Servicing
Product / ServiceLoan Modification Incentive
Location Rockville, Maryland
Category Loans and Mortgages
Views144
Monetary Loss
$7500
 

Before Litton sold my loan to OCWEN.I was approved for the loan modification in 2010, but I never received the detail breakdown of what I was approved for.

For my surprise, I got a 1098 with a 10,000 incentive that I'm responsible for paying taxes for. When I called Litton Loan to see where the money went they told me it went toward the principle, late fee, and past due amount of the loan. I only was behind by one months and my late fee were no more than 500 dollars. My principle from my 2010 balance never went down!.

If any the amount I owed them was less than $2,500/. What happened to the other $7,500? I ask them to send me a break down and they said they were going to mail it to me and as of today 12/27/2012 I’m still waiting for the break down,. I Never received the breakdown so I kept calling them and they kept telling me the same thing (they were going to mail it to me):.

Now that Litton Loan sold my loan to OCWEN, I can't get a anyone on the phone from that company (Litton Loan)". I'm now stock with paying the government taxes for an incentive I never got and Litton Loan took most of that money!. They should be responsible for paying the taxes since they took most of the money?.

Litton Loan are a bunch of thief and they owe me money from the incentive I was approved since I'm now stuck with paying the taxes..If anyone have had this experience, please let me know what should I do at this point? 3884267

 
 
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Anonymous Anonymous
Apr 28 
Litton loan kept my suspense account of $1900 when they sold my loan to Ocwen & now no one (Litton/Ocwen)seems to know what I am talking about.
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jOHNNY jOHNNY
Jan 15  from San Francisco, California
Take them to small claims court
Reply

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