How do they base what you get?  After they have put people through pure hell it seems like there wouldn`t be enough money in the world to compensate for it. This has damaged peoples credit but mostly their health. This is causing so much stress in people that it has actually caused physical problems. How can they compensate for that?

Thank God that I am found this website. I have been harrassed by Saxon for the past two year (on and off). Several months after we bought a house in southern California, Saxon sent letters which claimed that we did not pay for our property insurance. It took three months for me and our allstate agent to prove that our property insurance is paid for two years in advance. Those bastards sent threatening letters and imposed an escrow account for insurance. Since January of 07, they sent letters stating that our property tax is not up to date. Once again, they imposed an escrow account for tax. I have faxed them copies which prove that property taxes on that house have been paid and they still claimed that L.A.County contacted them about unpaid taxes. When I contacted L.A. County,they said that they never sent Saxon anything. They said that they have no need to since all the taxes have always been paid on time. They did say that Saxon sent them one payment which they accepted. L.A. county also told me that they told me it was a mistake for them to accept the payment but they have made contact with Saxon regarding a refund. Saxon still harrasses me and our family for an increased (nearly double) mortgage payment for this month. I told them that they should have done their homework and not send out money because they feel like it. I told them that I will make my monthly payment and not a penny more. They threatened to ruin my credit. What should I do? I can't let my childrenstarve for the rest of the month. Any ideas?         

Make note of when you received that goodbye letter in your time line, Trish. As you are inside the 15 day RESPA window for servicing transfer notification, the game has officially begun for you. Time to suit up!

WOW! We have been dealing with Saxon for 2 years now and I can agree with you all in the fact that they seem to want to forclose. We had an original mortgage payment of $1680 per month....No problem. January of this year our ARM flexed and our monthly went to $2,260 per month...BIG PROBLEM. We might be going even higher as well. We have had payments made 2 days late get sent back to us. We were 3 months in rears due to this fact and I finally had a family memeber give us a loan to catch up. We just listed our house for sale, but with the market the way it is here in Florida now we will be lucky to get anyone to buy. This whole selling of loans business bites! They have been systematically ruining our credit now for months and now we can't re-fi with anyone. We hope to sell and rent for a while and save, and be done with all this mess.........

We know all about  it. That's why we are selling and looking to start fresh. We ended up with this problem due to the fact that (as we now realize) we might have been getting in over our heads. We are going to save some money for the next couple of years and do away with PMI and all the other stuff that goes along with having over all credit problems. When I moved into this house I didn't want to do an intrest only loan, but we took the gamble and lost. Between our first, second, taxes, and insurance, we are close to paying $3000 per month with NO equity being gained. We did get lucky though in the fact that real estate prices increased dramatically after we bought. The house we live in was sold originally in 2001 for 120K and we bought it for 246K and now are trying to sell it for 325K. After paying off our 1st, 2nd, realtors, and the loan we just got we will break even or close to. Lesson learned....

My husband and I with our two children are in the process of moving out of a home that we bought 3 yrs ago.  I had contacted saxon several months ago to let them know that I was having difficulty paying the repayment plan that they had set us up on.  To make a long story short, a few years ago, my husband had to take a much lesser paying job because he has heart disease.  We then had to file chptr 7 but we kept the house.  On top of this our apr has jumped to 12.25% and any repayment plan is almost double what our original payment was.  I faxed in paperwork to try to get a loan modification and we were assigned to a rep.  But then he either quit or got fired.  I found out only 2 weeks ago that they never re-assigned us to anyone and in the meantime, we received letters of foreclosure.  I finally had had enough of faxing all the paperwork in over and over and talking with someone different each time who didn't seem to know what was going on.  I called in and talked to a gal and just basically told her that I needed someone in the workout dept.  She then informed of all of the above and she would email the manager of that dept right away to re-assign us to someone asap! as our house was due to go on sale on courthouse steps on 9/6/07.  After talking with this rep many times now, (by the way, they never return your call; you have to call them numerous times before you get who you need) we were informed that to save our home, we would need to come up with a sizable down payment.  My husband told them if we had that money in the first place, we would not be in here right now.  I feel that all they want is to take our house and that they don't want to work with us.  We have contacted our attorney and he has verified that they never filed any paperwork with our chptr 7 so we are not liable for anything.  We also have documentation from their attorneys saying the same thing.  I have kept this letter in a very safe place as I do not trust them.  How can this be happening?  Isn't there anything that can be done?  I would be very interested if there is.