1. Free Legal Help, Legal Forms and Lawyers. TheLaw.com has been providing free legal assistance online since 1995. Our most popular destinations for legal help are below. It only takes a minute to join our legal community!

    Dismiss Notice

2nd mortgage statement came two years late.

Discussion in 'Foreclosure, Repossession, Auctions, Short Sales' started by rottlvr2, Oct 20, 2011.

Thread Status:
Not open for further replies.
  1. rottlvr2

    rottlvr2 Law Topic Starter New Member

    Messages:
    9
    Likes Received:
    0
    Trophy Points:
    1
    Why would a mortage company wait two years to send statement?

    Had first and second modified 24 months ago. Have payed first on time every month since. called several times over two year period regarding second, said it was closed. Company bought out by another mortgage company and now two years later we recieve a statement for the second note. very strange as it never even appeared on our credit reports either. Bad record keeping? some type of advantage or fraud scam for them to pull? just wondering if any one had any idea? I acknowledge it but after two years of being told one thing then it just appears.
     
  2. army judge

    army judge Super Moderator

    Messages:
    30,855
    Likes Received:
    4,378
    Trophy Points:
    113

    If you owe it, I suggest you pay it.

    You've described why it showed up two years late.

    One firm purchased the other.

    Yes, it could be a scam to snatch your property.

    If you value your property, it would be smart to consult with a licensed attorney in your state.

    You must spend money to make money.

    In your case to save your home.
     
  3. rottlvr2

    rottlvr2 Law Topic Starter New Member

    Messages:
    9
    Likes Received:
    0
    Trophy Points:
    1
    we paid the first payment. now the second statement came and they want two years worth immediately. $10k I dont have.

    Also, the mortgage docs they have are from the original loans from 2006 that was 3 mortgage companies ago but we are paying on a loan modification from 2009. They dont seem to have those docs.
     
  4. army judge

    army judge Super Moderator

    Messages:
    30,855
    Likes Received:
    4,378
    Trophy Points:
    113



    I can't help you.

    You need to hire an attorney.

    Otherwise, they'll probably foreclose on you.

    That'll take a few months.

    But, if they take you to court, and they will, you'll probably lose.

    You desperately need an attorney, if you want to keep your home.

    Otherwise, bide your time, until the legal documents arrive.
     

Share This Page

Thread Status:
Not open for further replies.