I believe that I too have been ripped off by Litton Loan Servicing.

I tried to enter into a Loan Modification in Feb 2008 and although they promised it would only take 3-4 months to do by the end of June 2008 they had barely started and had my home of 8 years scheduled for foreclosure at the end of July 2008. Their "representative" said that if I entered into a forbearance agreement and paid them the $5000.00 "downpayment" they would require as part of the Loan Modification "ahead of time" and agree to a new payment plan they would hold off on the foreclosure.

I had this in writing and I advised them again, in writing, that I had to borrow this money from a family friend and that we were trusting them with our money and home and would only do so relying on their promise of a loan modification.

We entered into this agreement and paid them the "down payment" and one of the revised payments only to then be told by them IN WRITING that we were not eligible for a Loan Modification BECAUSE we were in a payment arrangement! Yes, because we did what they asked us to we were no longer eligible for a loan modification. How is THAT for setting up one of your customers for failure? Sounds like possible FRAUD to me.

When I complained that it sounded like fraud I got an email a week later saying their "legal department" was going to allow them to proceed and that it would take 45 days to process. But less than 1 week later I was told that I could not get a loan modification because there is equity in my home so I am supposed to refinance elsewhere.

There IS NO EQUITY in the home (especially when considering sales costs), and even if there was, who would refinance someone who is in the process of foreclosure?!!!

Today I saw an attorney who claimed that it is not financially worth it for one person to fight this type of issue, and sometimes attorney fees are NOT able to be claimed from the losing party. But if I were to find others in the same (or similar) situation he may be able to do something.

So, I am actively looking for people who have been ripped off by Litton who also have hard documentation (emails, letters, check stubs, etc). I want to find as many people as possible. If we were to all band together and hit this pitiful excuse for a business with several similar lawsuits that may become several different class action suits, we may be able to win... and hopefully put them out of the business they appear to be in (that is, screwing people out of their homes).

So, if anyone is interested in getting together and teaming up against Litton Loans, PLEASE gather up ALL of your records and contact me. Please DO NOT send anything to me at this point, just gather your records and send an email to me at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it I will need you to include your reply email address and a brief explanation of what you believe they did to you. Also, you will need to include in the subject line "LITTON RIPOFF" or something similar so that I won't treat the email as spam and accidentally (or on purpose!) delete it.

I was advised that we generally have 2 - 3 years to file, but I doubt if any of us want to wait that long, nor did we all get ripped off on the same day. I'd like to try to get enough people and HARD EVIDENCE by Spring 2009. We can then meet online and decide on attorneys, etc. I hope we can get this to work and hit this company where they hit us... in the pocketbook.

I recieved a letter from Litton Loan stating they charged my account with $6, 535.27 for insurance which I already have. My agent has tried every way he can to send them the proof of policy and he gets no response, this has gone on for approx. 6 months.
Then on my statement I see that Litton Loan charged my account with another $809.09 to pay my property tax, which I already paid.
I have called, faxed, emailed, left messages to get a person to look into this situation for me and no response what so ever.
I want them to deduct the charges they have made against my account and send me proof that they have done so.

We never go past the grace period for payment. We pay through the Companies Website so I do sweat it. This Company starts calling my home on the 2nd of every month. They call on average 4 to 6 times daily (including Sundays which is illegal.) I can't wait until my 5 year prepayment penalty is expired (6 months from now) so I can re-finance and get rid of these A** Wh***s !!!

Litton Loan is the most devious company I have ever dealt with. In a repayment plan that we paid on time and paid off early they reported us as late to the credit boroughs every month. In a cleverly written line that we questioned at the beginning and were told would not affect us, they now claim it is their duty to report this inaccurate information that shows us being late seven months in a row. They will do anything including lying and deceiving their customers if it can profit them.

They have now ruined my credit, and no one their is honourable enough to care!

(1) Litton added additional charges on to our account after our agreed to loan modification... to this date they have refused to remove the illegal charges.

(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... they finally removed bogus insurance charges when they found out we were part of a class action suit against them for their predatory lending practices.

(3) They called us recently to say we had not made the most recent mortgage payment... WRONG... when I called them back after checking with the post office*, they were suddenly able to find the check. They said because they received it on a Friday, it could not be processed until the next week... WRONG AGAIN... the check was received at 6:24AM on Friday. They had all day Friday to process the check.

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

*Because of Litton's past behavior, I send our payments via registered mail. That way they have to sign for the payments. I also photocopy the checks before sending them. I am doing such to protect ourselves with a complete paper trail.