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Lenders gone without closing...

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whats next.... Guest 0.10 Dollars($)	Posted: Thu Sep 07, 2006 11:12 pm    Post subject: Lenders gone without closing... my lender has ran away without closing the loan - whats next.... Pls help _________________ Need help choosing the right loan? Get free consultation from community lenders/consultant
Caron Moderator Joined: 19 Jul 2005 Posts: 1482 Location: florida 250.35 Dollars($)	Posted: Thu Sep 07, 2006 11:15 pm    Post subject: RE; Hi Guest, The closing isn't over, so I hope you haven't paid any fees and even if you have made payments regarding the loan process, there is no way you can get it back. So, it's better that you look around for some other lender. Thanks, Caron.
whats next.... Guest 0.10 Dollars($)	Posted: Fri Sep 08, 2006 12:04 am    Post subject: RE Can I take any legal action......
sara Joined: 05 Jul 2006 Posts: 1189 Location: New Brunswick, New Jersey 220.67 Dollars($)	Posted: Fri Sep 08, 2006 1:41 am    Post subject: RE: legal action against lender Hi Guest, You can take legal action against the lender by consulting an attorney. But it will be effective only if you can trace the lender. If the lender is approved by HUD (Department of Housing and Urban Development), you may file a complaint with the local HUD office. Thanks, Sara

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