EMC Mortgage Corp

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1 stars
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Category: Business & Finances

Contact Information
United States

www.emcmortgagecorp.com

EMC Mortgage Corp Reviews

July 28, 2008
Beware
We're from a small town and open paper to find our names!! They've done this about 10 times with us always having to come up with more money because of escrow!! What?! We've finally just given up. Everyone we show all checks to says they can't do this but they are. At this point can't afford an attorney! I just keep thinking they'll get theirs!!! Ruined our credit so no one would refi with us even though we have proof of payments. "Their hands are tied!!" Didn't start off with them… Wells Fargo who apparently is just as bad!! What comes around goes around!!
July 10, 2008
Charging larger amounts of money on escrow
I have been with EMC for 8 yrs borrowed $27, 300.00 our home was paid for prior to borrowing the money.

How stupid were we back then.

We have paid back over 27, 300.00 and we still owe EMC 0ver 24, 500.00.

Interest rate is 13.35%.

When is the interest paid?

It never pays to get involved with loans of any kind before researching the company it does not help when you have an attorney sitting across from you and he seems to be hurrying you into signing hundreds of papers before you can even glance at them.
June 16, 2008
Changed the terms of my forbearance so I could not make the deadline
EMC mortgage literally stole my house from me.

On June 2nd, 2008 I was told by one of EMC's con artists that I needed to come up with $900 to $1000 to stop the sale of my home of 15 years and to have it no later than the 14th of June.

I called on the afternoon of the 13th to send the $950 I had and was told that $950 wasn't enough and I only had 30 minutes to come up with an additional $450 or my home was going to auction.

Well it gets auctioned this coming Monday and there is nothing I can do about it! Someone needs to put this thieving company out of business and put everyone from John Vella on down behind bars!!
June 3, 2008
I will sue them
We lost home to these crooks! My original mort company sold my loan to these jerks. EMC would not accept my payments, they kept sending them back. I could never get anyone on the phone to discuss. They would just transfer me to a voicemail. They never would return my calls. Then one day I started getting advertisements in the mail telling me my house was up for foreclosure. I contacted an attorney...but was too late. We even offered them CAS to pay off the loan. Now we are being evicted. I can't believe these crooks are able to get away with this crap! I will sue these jerks!
May 7, 2008
Bad customer service
I was behind on my mortgage with emc. They put me on a repayment plan. My payments were doing on the 28th of every month. One day they suggested a loan modification. It would take me off the repayment plan, and lower my monthly payment. I said Ok. My repayment plan was due to end, March 28, 2008. Of 1, 489.01. They sent me a letter stating my loan modification would start 5/1/08/, and my new payment would be 1, 342.17. On April 1, 2008, they said I owe them for the month of April. I told them I just made a payment 4 days ago, and I have a letter from you saying my next payment would be 5/1/08. She said if I don’t pay I'm going to be behind again. How do they expect me to come up with another 1, 342.17 in 4 days! For those who don't get it, imagine this, you made payments on March 31, 2008. Then, a day later, April 1, they say you owe again.
April 25, 2008
Fraud
My wife and I modified our loan in Dec. we went from an ARM to a fixed rate for 3 years. 5 months later we received a letter telling us our loan is going to be adjusted and our new payment would be $250 more. We nearly lost our house and it was like pulling teeth to get them to modify in the first place. We were so happy when they finally modified, but now they are going to try and be sneaky and make it adjustable again. I am going to be getting myself an attorney to fight these people. I hope others will follow suit.

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