Americas Servicing Comany came in and bought the loan from New Century Mortgage and started increasing the rate of interest without letting us know what was the rate increase base on or what the next rate increse will be.It went from $1039.00 to $ 1759.00 and I ended up paying this company over $ 8000.00 over and above the original mortgage amount of $1039.00. .I asked for a modification since May 2009 and they will not respond to me later after a month they want me to send them a financial worksheet.I send them all copies of my paystubs, Insurance of house, tax returns two years, copy of all my utility bills as supporting documents along with the hardship letter showing a deficit in my balance sheet -on June 18th via certified registered mail receipt .I have the sighned copy of the letter of receipt sighned by their rep. I received a call from another rep on the 13th of Aug 2009 andthey say they have lost my papers and then I was asked to resend the papers via fax on 07/15/09 .THEY TRASHED THE PAPERS NEXT DAY. I sent it again on 07/19/09 they called me last friday saying we cannot modify your loan because that too much money for them to give up so if I cut down some expenses they will bring down the loan rate to modify. Today I received a letter from ASC where they want to do forbeareance and want me to pay $ $671.87 three times in for August September and october and in November 2009 they want $3579.96 totaling to $ 5595 for three months @ 1865 / month.( please note that I am presently current in my payments to ASC and never missed a payment and am suppose to pay $ 1359.00 with their new reduced rates at 7.25% for the month of August) your interference has made them so mad that they wrote to me that I should not have complained to you and tnow they want to go for the kill and get me so under that I - being current, mailing regular payments, with excellent credit will have to loose my home, credit, my business, and my sleep because of no fault of mine...they ar threatening of foreclosure.

I have had over $28, 000 taken from me illegaly by asc. My property had a small fire while in foreclosure. Asc not only foreclosed on the property but also kept all the insurance money. At the time of the foreclosure sale the obligation was deemed to be satisfied in full along with all other fees, costs and expences to the tune of $113, 000 and change. That is exactly what I owed the lender in original loan amounts and foreclosure fees and the like. Here's what I intend to do and everyone who is on this complaint board shpould do to some extent.
ASC are the biggest crooks in the housing industry. They are also the least visual aspect of the industry. If you want action here is what I am going to do and you must do. Go around ASC, that's right, do not talk to them again. Send all your payments by certified registered mail signature needed so you have a record of them accepting them before the due date. Then go directly to Wells Fargo and US Bank themselves. They are very visible and unlike ASC, have a image that they do not want tarnished. I am a Realtor in Oregon. The first thing I am going to do is send an e-mail to all the real estate agents in the state asking them to go to this site and review the complaints against ASC and against Wells Fargo and US Bank since they are the parent companies, and remind them that if their clients take out a loan because of the agents recomendations or even on their own accord, the clients rath may reach the agent in the form of no referrals and no repeat business. This I will also send to Wells Fargo and US Bank so as to make sure they know that their image is being tarnished. Next, I am going to spend at least 4-6 hours a week in front of various Wells Fargo and US Bank banking locations talking to their customers and asking them to review this website. Let's see how the rats will react when someone actually turns the light on them.

America's Servicing Company gave me a Forbearance Agreement in August 2008 stating they would not foreclose on my home if I made the agreed payments. After 2 months of making a total payment of $6700.00, they still foreclosed on my home not even intending to keep their end of the agreement. I have opened a Federal Court case against them, Wells Fargo, and a few others involved in this illegal foreclosure of my home.

ASC epitomizes everything that created the current economic chaos. If that weren't enough. they are now the brick wall standing in the way of any sort of recovery, repair or improvement of the system. The fact that they would charge me $20 to pay the bill on the internet is outrageous. As a protest, I make sure that they get the payment at the latest possible time of the 16 day grace period. I think everyone should. A 16 day float on funds multiplied by say 100 people is a major hit. DO IT!!! It is the only way to hurt them!!!

This company is such a joke that it probably has thousands of dollars stashed away somewhere. We were on a special payment plan to make up for a missed payment. Well, this has been nothing but problems since the beginning. First they have you send your payments to some stupid other address and then they don't tell the main office about it. We thought we had it worked out until we got a phone call saying that we missed a payment. Somebody at the company changed our due date without notifiying us first and then told us that our agreement had been broken and that we needed to pay the missing amount. Well, we have the bank statement saying that we did pay the amount and that they cleared the check before the due date. Then, they decided to return our next payment to us and then told us it was late and not for the correct amount. These people are such a fricking joke, it's a wonder that they don't get the death penalty.