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You're browsing: Archived News » 2007 HSBC » Article Title: Saxon Mortgage Services Gets A New Watchdog

Perhaps there is a mortgage servicer that likes to call homeowners more than HSBC does. Saxon Mortgage Services Inc, a company rated as a perfect failure - F-rating - by the Fort Worth BBB, and similarly rated by many homeowners, is getting a new watchdog and consumer advocacy group to watch their misguided antics. With help from experienced watchdogs at Household - HSBC Watch, a new website has been registered. Complaints should be filed now, if Saxon and parent company Morgan Stanley want to file a protest. Start your whining and legal antics if you so desire. Otherwise SaxonWatch.com will start programming, thereby exposing this shady bunch.

There is no money at stake, no foreclosure, no late payments, and no contract dispute behind this new action. Basically, and it might be a good lesson for HSBC to learn, people do not want annoying phone calls when they are not late, no payment is due, and they owe nothing. Push too far and some people will push back. Just look at Household - HSBC Watch as an example.

Related posts:

  1. Watchdog to monitor HSBC in Massachusetts
  2. HSBC Mortgage Services South Carolina Headquarters
  3. Legal action against HSBC Mortgage Services Inc
  4. How predatory mortgage lenders escape regulation
  5. New guidelines as mortgage lender delays hurt many

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