Americas Servicing Company - Will not approve a re subordination
I just want to say I am real pissed. I was trying to get out of an ARM and because of the housing values dropping I would only be able to re fi the first, so the new mortgage company needed ACS to resubordinate behind them.
ACS's loan terms would not change. However after they charged me 125.00 to do this at the last minute they said they would not do it. So now my ARM is going up and I my lose my house. And ACS well they just lost all their money from me. But I guess to them 125.00 is better than nothing.
Because my current first mortgage company will get their money first, which unfortunately will not be the whole amount. GREAT BUSINESS SENSE ACS. If I was able to get my refi, they still would have gotten their 59000.00, but hey they did get 125.00. They keep putting a 10.00 other charge on my statement, that the Customer Service people cant explain.
Well I will not be paying that. And I will continue to complain about this.
Review about: Americas Servicing Company Loan.
Monetary Loss: $125.