Woodbridge, CT asked in Consumer Law for Massachusetts

Q: State MA - Servicer refuses full payment to cure loan default, Wired payment to their attorney, He sends personal check

This is regarding stopping a foreclosure. the funds are on hand to bring the loan current but the Servicer and their Attorneys are misleading my elderly mother. they are using dirty tricks to delay or even block her from curing her loan, The servicers attorneys were contacted and on 3 occasions confirmed they would accept payment by wire transfer a certified form of payment, and so they were paid, but then they forwarded a personal check to their client the servicer knowing full well the servicer would reject the payment claiming it wasn't paid to them in a certified form, and so continuing this foreclosure process with the servicers attorney continuing to mount legal fees onto the matter. This misleading predatory behavior especially with the elderly cant possibly be legal. The servicers attorney is now in possession of around $20 grand of my mothers money and the servicer is refusing to cure the loan as their attorney sits quietly with the $20G's in their bank acct.

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1 Lawyer Answer
Christopher Tolley
Christopher Tolley
Answered
  • Consumer Law Lawyer
  • Boston, MA
  • Licensed in Massachusetts

A: Call the attorney general's office or the Massachusetts banking commissioner. Both have units that deal with this type of behavior.

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