@Tuscani wrote:
Ouch! Keep us updated.
Well, Tuscani... sad to say, I finally had to "fire" NationStar Mortgage today. I officially cancelled my loan application and have decided to refinance elsewhere. In the end, they wanted nearly $10,000 in discount points for a very high interest rate, and they tried to sell me this song-n-dance sob story that at that rate, they were LOSING money.
Yeh, right.
Hey folks, for what it's worth, if you are thinking of a refinance or purchase loan, I'd be very weary of lenders that are gouging borrowers and bending people over a barrel during this "credit crunch" environment. That includes NationStar Mortgage.
The lesson here? Let's all work individually to do whatever it takes to NEVER miss another payment on ANYTHING, especially mortgages... and when your scores improve enough to warrant an "A paper" loan, only work with an ethical, reputable mortgage company.