(1) Litton added additional charges on to our account - a forced escrow account in which they never paid the taxes but charged us for it

(2) Even though we paid for our own insurance Litton added insurance to our account costing three times the normal premium charged by our insurance company... we would like to become part of a class action suit against them for their predatory lending practices.

(3) they forced insurance on us and when we had a tornado at the house and it took out several trees, did damage to the roof, the siding and the yard we spent over $6k out of pocket to clean the mess and 'their insurance' has not paid a dime.

(4) When they call, many of their agents tend to be very unprofessional and abusive.

(5) we bought extra mortgage insurance to cover major repairs (we replaced the roof, furnace, hot water heater and then found out that Littons mortgage insurance covered nothing.)

ABC News wants to hear your story!

ABC News just posted a story online June 4th titled: "Desperately Seeking Mortgage Help", written by: SCOTT MAYEROWITZ, ABC NEWS Business Unit . If you can't find the story then contact Scott through the ABC website.

Try this link and post your story. If ABC News recieves enough complaints, I am sure they will produce a story about Litton. This maybe the opportunity you are looking for. TAKE ACTION NOW! This has to stop and it starts with you!

http://abcnews.go.com/Business/Economy/story?id=7748793&page=1

After you read the story, go to the bottom of the artical, there is a link where you can submit your story.
The link is titled: Are You Looking to Buy a Home or Worried About Losing Your Home? Share Your Story With ABC News

I literally handed employees in Houston my financial documents to do a loan modification in June 2008. They claimed they lost the paper work so eventually I went on BBB (Better Business Bureau)website and was able to get the e-mail address of the VP of Litton and contact her. She forwarded my information to someone who works in the executive resolution department. I had to FAX paperwork to him for them to receive it. Bottom line is it is horrendous trying to reach anyone on the phone. When they do return your call 90% of the time its an automated voice. In October 2008 I called and was told I was denied the modification. I never received a letter stating I had been denied. Today they told me it is computer generated, its past the deadline so they can't send me a copy. They are ridiculous, the worse lender in existence. They are incompetent. At this point I'll mail off a formal complaint to the U.S. Attorney's Office and Texas Attorney General's office to conduct a formal investigation based on deceptive practices Litton has exhibited towards its consumers. The house is in foreclosure and all they can recommend is that I apply again. Are you crazy? You never gave a reason why I was denied in the first place and you won't even send me a letter of denial. They are complete idiots!!

All of your complaints are very familiar. I too have a loan with Litton Loan
(NOT BY CHOICE) I did not choose to do business with them, which in it self is a scam.
What I would really like to know is why aren't they being audited by the US government? Why aren't the Feds on top of this bottom feeder of a company and why aren't they shut down from doing business with anyone?
This is suppose to be freedom of choice, I had no choice in who my loan got sold out to, or who I am forced into doing business with. A home loan is the biggest investment we all make in our lives and all of us got sold out to a scum sucking bottom feeder. What is wrong with this country as American citizens we can't trust the credit card companies we do business with, or the banks we do business with. Every time you turn around someone has their hand in your pocket, sucking out the last hard earned penny that you work for. The government is trying to make it so we can get a decent loan, but that isn't enough, the owner at Litton Loan needs to be hit and hit hard in HIS or HER pocket and shut down. Enough is enough how many people have to loose their home or be ripped off before something is done. That my friends is what I would like to know. Who do we complain to the BBB? Does there need to be a partition to shut this place down and fined?? Anyone have any ideas?

My problems and issues with Litton Loan servicing are more than than the space provided could ever allow. Litton Loan Servicing has shown to be the premier predatory lender in the country and I only wish I had an option to whom my original mortgage was sold to. Litton owns 80% of a loan my wife and I share. Our payment is now over 1200.00 monthly on an original amount of 687.09. 1200.00 for a 104000 loan is nothing short of predatory. I began speaking with Litton about a possible modification of our loan because we had never been late on the initial amount and were horribly misinformed about the details of our loan agreement, lesson learned. We found out that we had an adjustable rate mortgage of this fashion the month it was set to increase. Once we saw the increasing amount, we contacted Litton to inquire about options to ensure that the loan remained in good standing. In December of 2007 we faxed in all of the required documents to Litton Loan Service's 'Loss Mitigation Department' for review.

As of today, June 10th, 2008 we have not heard a resolution. In February we signed on to a repayment program and I believe because we have paid them 1200 a month, it's their plan to never consider the initial adjustment we were told about. When we faxed the information in, we were told that there is no one we could speak with, no one who could contact us, and not even someone who could verify receipt of the fax. Call after call to check has gone unconfirmed and the only information that we are given is that the modification is 'pending'. 7 months to review a document is extreme but what is more bizzare is that there isn't a way to speak with someone regarding your loan, your financial future or a way to possible resolve the matter. This experience has simply been a nightmare, we are paying to have someone rent our home right now to the tune of almost 300.00 a month. All of this has been explained to Litton Loan Servicing and those who are apparently sitting on the solution appear to be unreachable, ghosts or non existent.

I hope and pray that I someday receive a class action lawsuit regarding the likes of this predatory lending. I pray that someway the actions of this company are brought to the attention of those who see the negative impact Litton Loan Servicing is continually having on the economy as a whole.

To have predatory lending is one thing, to force someone to remain in a position that is predatory is worse in my opinion. When someone can't receive correspondence about something this vital to the lives of their families, well that's just downright criminal and unlawful.