Concord Mortgage

I refinanced my home through concord mtg. co. with Andrew Tucker and agreed to a 5/1 at 7% but when my first statement came, it stated it was a full arm loan at 9%. Repeated contact attempts for almost a month to andrew tucker were finally answered and his answer as to what he did was, too bad, deal with it, it's all I could do, I have my own job and home to worry about. I did submit my income and monthly pay stubs. He knew I could not afford the loan he put me in. I feel he is a predatory lender and I am forced to sell my home at a great loss due to market conditions now, I am on the brink of foreclosure, my credit of 40 years is ruined and I am soon to be homeless.

Loss of my home, damaged credit, emotional damage due to losing my companion pets and becoming homeless at the age of 60.

Due to the misleading and discriminatory practices used by Concord Mortgage in my application for the financing of a home purchase, which began on April 4th 2007, with you getting my credit report and scores and with you telling me that you will do a 100% financing at 6% interest rate, and which continued to my last conversation with you on May 23rd when you quoted me a rate of 7.5% (because you said, the loan amount is so low?) that I did not accept and you then told me dont worry about the rate, I will get you a better rate so that your payment is under $500.00?, and continued further to my unreturned repeated telephone calls to you on May 24th, 25th and 29th for the Good Faith Estimate?, Truth in Lending? and commitment letter documents, I do not require the services of Concord Mortgage.

You have received all pertinent documentation from me but you failed to provide the documents a lender is required to provide under the law of New York.

This matter has been forwarded to my Attorney for handling as there has been an appraisal done on the property by an appraiser initiated by Concord that I have tried to obtain from you.

My Sale contract required a commitment letter for the loan amount by May 31. 2007. My attorney had to ask for an extension .

I had another approval from another lender prior to contacting Concord. As result of the abrupt unresponsiveness from Concord, I re-established my loan request with the other lender on May 29th. They will try to complete everything by my contract required close date of June 19, 2007.

The rate I could have gotten, less than 6.0%, was no longer available on May 29th as rates started to rise in the New York Market the week of May 14th.

I have to expend much more on closing costs for the lender alone as I wasnted to get my rate near 6%.

I do not know what Concord Mortgage is up to, but the long-term implication of them have my personal information, as well as the sale contract and appraisal is indeterminable

My husband and I were mislead into thinking we could get a better re-finance rate by going with Concord and leaving Ameriquest. When Mr. Osario left Ameriquest and went to Concord he called. I declined his original deal stating I would not pay 30k-35k in fees just to save $400 a month..He continued to pursue me and said he spoke to a mtge broker and would be able to save us between $850 and $950 a month with fees of approx. 15k. I said yes... he even set a closing date for Monday June 26, 2006.

We never closed and he dragged us along for a few days then on Wed June 28 he called with the same deal I originally said no to . When he realized he had lead us along for nothing he never returned our calls for an answer. He completely ignored all of our calls and finally called back when I left a loud message for he and his manager Al ( by the way Al never called back)Henry called early Friday June 30th , took my husband's cell # and said he would be back to us that day.. he never called ..

I have left messages since then with no reply... He lied to us repeatedly.I have never been treated this way by anyone... The disregard for us is immoral and unethical..I feel there must be legal actions that can be taken.

We did not pay our current mortgage by the due date as we were told that it would be paid off with the refinance... My husband and I were under an enormous amount of stress as we were lied to about a deal and our hopes to improve ( lessen) our monthly financial position remains unchanged.We were treated unethically and immorally..

I have requested that the appraisal I had personally paid for be transferred to a new mortgage company that I had secured a loan from is going unanswered. Several attempts have come from the new mortgage company, the appraiser himself, the real estate attorney and the real estate broker with no response from Concord Mortgage. I had also requested a copy of my credit report Concord Mortgage had used to find a loan program for me.

Mr.Vertucci, on March 21, 2005, assured me that it would be mailed out that day. I have still not received it or any returned phone calls I have left regarding the appaisal or the credit report. I am incurring additional expenses and emotional anxiety due to the lack of cooperation from Mr. Vertucci and his staff at Concord Mortgage Corp.

I am in danger of lossing the opportunity to purchase the property.