Franklin Credit Management Loan Modification,Collection,Foreclosure Complaints

Review and analysis of over 45 complaints against Franklin Credit Management

Franklin Credit Management consumers have reported over 45 official complaints related to Loan modification,collection,foreclosure. Out of the 45 consumer complaints against Franklin Credit Management, 18% were disputed by the consumer (i.e. the consumer was not happy with how Franklin Credit Management responded to their complaint) and 91% were processed in a timely manner. 0% of consumer complaints against Franklin Credit Management resulted in the consumer receiving monetary compensation (e.g. money, cash reimbursement, etc.) and 0% resulted in non-monetary compensation.

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New Loan Modification,Collection,Foreclosure Consumer Complaints


Franklin Credit Management Mortgage loan modification,collection,foreclosure

March 30, 2016 - My - mortgage was originally with - - -, who went out of business and the servicing of my loan was transferred to Franklin Credit aka -. They have been nothing but a nightmare refusing assistance unless it is in the form of usury. They refuse to comply with California Statues, specifically, the HBOR. My wife and I were so nervous we completed the application for mortgage assistance incorrectly stating the yearly amiount of income the column which called for monthly. Based on that mistake, Franklin Credit demanded $24000.00 down and $1400.00 a month on a $110000.00 which wa...

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Franklin Credit Management Mortgage loan modification,collection,foreclosure

March 8, 2016 - I have a - and - mortgage on my home that I took out in 2006. I have struggled for years to keep up with the monthly payments on both loans. My income has drastically decreased over the last several years and the main source of income was mostly brought in by my husband. We almost lost our home a couple years ago when we fell behind on the first. We were successful at modifying that loan, the payment is still high but we were able to afford it. The result of my declining income led us to then fall behind on our -. This is when our real troubles began. The - is with Franklin Credit ...

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Franklin Credit Management Mortgage loan modification,collection,foreclosure

December 22, 2015 - My loans ( - & - ) were originally with - - - - - until they went under and were sold to Franklin Credit Management Corporation who is the servicer for - -, -. I fell behind on my payments on my second mortgage and applied for a loan modification and sent in my documents. I received notification from - - - that I was going into foreclosure and the Trustee was The - Firm. After researching I located the Substitution of Trustee which was dated -/-/2015, however, this document was not recorded until - -, 2015, Three months later, additionally,...

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Franklin Credit Management Mortgage loan modification,collection,foreclosure

December 7, 2015 - We have tried to communication with our investor on the - lien. - lien Collectors have refused to provide information. ...

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Franklin Credit Management Mortgage loan modification,collection,foreclosure

October 1, 2015 - I requested mortgage assistance from Franklin Credit Management - - - -, - regarding my defaulted 2nd mortgage and they have not offered my any assistance. ...

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Franklin Credit Management Mortgage loan modification,collection,foreclosure

September 26, 2015 - A letter was sent via certified mail to Franklin Credit Management Corporation regarding an amount owed. This debt represents fraud, unjust enrichment, breach of contract, violations of Civil Code Sections 2924, the Business and Professions Code Sections 17200 and Fair Debt Collections Practices Act, by failing to serve proper notice of default, claiming excessive amounts due are owed, and failing to provide supporting documents. as requested - -, 2015. A - Certified Letter was sent on - -, specifically despite previous letters sent on - -. The - representing Franklin C...

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Franklin Credit Management Mortgage loan modification,collection,foreclosure

June 30, 2015 - COMPLAINT # -After request for help from - CFPB sent - notice of complaint as per CFPB letter dated -/-/-. I have been working with - to settle with Franklin Credit Management - - Lien Holder ) so that a Deed-In-Lieu can be accepted on my property at - - - -, NC -. -/-/- - - informs me that on -/-/- they sent a fax to Franklin Credit an offer to settle. Today I called - credit to verify that they had received the offer and they claim that no offer has been received. Fax number sent was -. I requested that - send another fax with the o...

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