Our house has a 2nd mortgage, husband's name only. After he died, 7/03 I notified the co. of his death. They stopped sending statements, when I called they would not talk to me because I was not "the contract holder." I made payments, they were not credited; again I call and won't speak to me. They also told me not to make payments, they would only accept full payment, ($18g) which I could not do.
60 days they sent a notice of default and started foreclosure, took me four months to get anyone to talk to me and get it out of foreclosure for a $4g fee in costs. The notices they sent were in my husband's name, registered mail, which I also could not get since I was not him. I was informed of the foreclosure by my first mortgage company, just as a courtesy.
I pay the bill on time, monthly on the date I have from old statements, still do not get statements and they still refuse to speak to me. I have written several letters to them. They write back telling me they are looking into this and nothing more.
The house is in my name only now, has been since 1/04, the first mortg has also been in my name since then and have no problems with. I plan to pay 2nd off after the VA and insurance get done with the red tape mess. I can't sleep not knowing if I'm going to get another call that they are foreclosing again. The house is about 75% equity but I don't want to sell it. The first mortg co rep said that's why they're giving me a hard time, they want their money and know they can get it selling it. Do they have to let me pay or can they just up and sell it if I don't pay the full amount?
Tried to refinance but no one will refinance this small amount without a higher interest and lots of points.
I tried finding laws about this but my eyes are crossing trying to figure them out. I know this could possibly be legal with contracts, but can they really keep just not talking to me and not sending statements? Is there some kind of limit before they can default and foreclose?
I live in California, if that's any help. Thanks much,
Mary
60 days they sent a notice of default and started foreclosure, took me four months to get anyone to talk to me and get it out of foreclosure for a $4g fee in costs. The notices they sent were in my husband's name, registered mail, which I also could not get since I was not him. I was informed of the foreclosure by my first mortgage company, just as a courtesy.
I pay the bill on time, monthly on the date I have from old statements, still do not get statements and they still refuse to speak to me. I have written several letters to them. They write back telling me they are looking into this and nothing more.
The house is in my name only now, has been since 1/04, the first mortg has also been in my name since then and have no problems with. I plan to pay 2nd off after the VA and insurance get done with the red tape mess. I can't sleep not knowing if I'm going to get another call that they are foreclosing again. The house is about 75% equity but I don't want to sell it. The first mortg co rep said that's why they're giving me a hard time, they want their money and know they can get it selling it. Do they have to let me pay or can they just up and sell it if I don't pay the full amount?
Tried to refinance but no one will refinance this small amount without a higher interest and lots of points.
I tried finding laws about this but my eyes are crossing trying to figure them out. I know this could possibly be legal with contracts, but can they really keep just not talking to me and not sending statements? Is there some kind of limit before they can default and foreclose?
I live in California, if that's any help. Thanks much,
Mary
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