Are you a victim of MORTGAGE FRAUD? call 1-877-FTC-HELP (382-4357)

[fed-up]

x-post from economy


Thanks to Whoa_Nelly for posting this numbers on another thread. I just got off the phone with the FTC after giving them the name/phone address of the company, what my complaint was-bait switch-increase of loan rate etc. She said it would take a few years for them to get anything done, but that it WAS very important that consumers file complaints about these predatory lenders.

It did take a while to wade through all the different menu options on the phone, but I finally got to a real person. At least I had my loan documents in front of me and there in black and white on the application the box for fixed rate loan is checked...It wasn't until I got to the title company that I was told it was only fixed for two years....At least thanks to DU I did manage to sell my house last November and avoided foreclosure when my payments went up almost 50%!!!

http://www.ftc.gov /

http://www.ftc.gov/ftc/contact.shtm
There are three ways you can contact the Federal Trade Commission's Consumer Response Center:

Electronically: If you have a complaint about a particular company or organization, use our secure complaint form.
Phone: Toll-free:
1-877-FTC-HELP (382-4357) or
1-877-ID-THEFT (438-4338)
Mail:
Federal Trade Commission
CRC-240
Washington, D.C. 20580
While we do not resolve individual consumer disputes, your complaint, comment, or inquiry may help us spot a pattern of law violations requiring law enforcement action. It can also help us recognize and tell people about larger trends affecting consumers.

[skids]

1. Hey there's a new forum that could use a dupe of this post...

http://www.democraticunderground.com/discuss/duboard.php?az=show_topics&forum=402