Comment by samstave | Hacker News Reader

Comment by samstave | Hacker News Reader

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Speaking to class action lawsuits:

My credit score was 800 and I had a mortgage for $409,000 I put $80,000 down in cash.

I never missed a payment and was never late.

I went to pay my mortgage and the website looked the same, but the payment button was removed.

I called and was told that my mortgage was sold and that I'll get a welcome packet in the mail explaining to whom I should pay my mortgage...

It never came.

I called daily for months.

Finally I got something in the mail. A foreclosure notice for not paying my mortgage...

I got in touch with them and they told me "don't do anything, Obamas going to fix this" (literally that's what they said)

Then I got another notice.

Then they said they would refi me... then they said I made "too much money to qualify for a refi, and that I needed to pay $52,000 right then to not get foreclosed.

I got foreclosed upon. They came one day and changed the locks when I was at work.

I contacted the person who left a sticker on my door and told him I would come to his house and shoot him in the face if he didn't come open my house within two hours.

He showed up.

I filed suit, class action, and I won.

I won $1,008.00

My credit is ruined

Exact same thing happened to my ex in Denver just over a year ago. She was able to fix it after 9 months of calls, paperwork, and lawyers. She then sold. Almost put her in the hospital. I've since heard of it happening to several other people. Their mortgage gets sold, they aren't given the ability to keep paying on it, their home goes into foreclosure. More common than a lot of people realize.

It is an extremely embarrassing thing to have happen to oneself, so I assume, others like myself do not go telling anyone.

The issue is that while the credit rating system is utter bullshit - there is a LOT attached to it WRT life...

Basically if you have shitty credit, people look down on you.

I make 228K per year, but due to that issue, and regular life circumstances (divorce, etc) my credit is poor - and I just got denied a card from Chase, due to Equifax saying I owe Comcast $128 (for a device I returned to them - but they still are dogging my credit)

Credit industry needs to get ITS CREDIT up.

I've tried to return Comcast equipment that I'm not using, and then they ship me a new one a few days later. I think part of their business model is forcing you to buy equipment they decide you must have lost.

You filed a "class action lawsuit?" More details, please. Who was the class? Why a "class action" when you were personally harmed in a major way?

I can't recall the details and maybe that was poorly worded... I was contacted and told my story and there were others who had the same thing happen to them, thousands, actually, and I was supposedly a prime case, so they asked if I would submit some info on my situation, and I did... and the case was won and I got a check for a thousand bucks and no changes to my credit report in my favor...

> I contacted the person who left a sticker on my door and told him I would come to his house and shoot him in the face if he didn't come open my house within two hours.

I get the feeling you're not telling us the whole story because if you did this you're a) stupid and b) would have gone to jail.

Welp - when you have $489,000 stolen from you in the manner it was stolen from me, you tend to make rash decisions. I literally did do this - and I have zero qualms about telling him such.

So I couldn't care less of your opinion of the situation - but you were not there. I have no issues. They are scum opportunists and its amazing how the whole freaking country just let this happen...

> when you have $489,000 stolen from you in the manner it was stolen from me, you tend to make rash decisions

Did you at any point contact your state financial services regulator or the Consumer Financial Protection Bureau or any other federal or state regulator?

Was your mortgage initially underwritten by a credit union? What did your personal attorney try to mitigate this situation, and what were the outcomes? Are you under a gag order, or can you publish details and name names?

Wow. Wow. Wow.

When was this? Did they sell your house or do you still have it?

2009 they sold my house, ruined my credit, the mortgage companies in question went out of business and I have no recourse...

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