The IRE website will be unavailable while we complete routine maintenance on Friday, October 15 from 8-10 am CT.
IRE favicon

Delays on loan modifications leave many vulnerable to foreclosure

Many homeowners have struggled to obtain loan modifications through Litton Loan Servicing, according to a report by Mc Nelly Torres for ConsumerAffairs.com. Dozens of complaints against Litton have been filed with ConsumerAffairs.com. Months-long delays on promised modifications have left many customers vulnerable to or victims of foreclosure. Litton settled a class action suit last spring "alleging that the company failed to credit borrowers' mortgage payments in a timely fashion, then turned around and charged late fees for the purportedly tardy payments. In some cases, consumers' accounts were put into default."

141 Neff Annex   |   Missouri School of Journalism Columbia, MO 65211   |   573-882-2042   |   info@ire.org   |   Privacy Policy
crossmenu linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram