Argent Foreclosure
What happens when you sign refi docs and cancel the deal.before the funds are disbursed?
Lender refused to aknowledge cancellation notice and now my house is in foreclosure, because I refused to pay the loan under the terms which were stated, the loan was cancelled days before the funds checks were written out. I cancelled because I did not recieve a copy of the docs, nor any disclosure from escrow co. This happened in CA. The mortgage co.- Argent/AMC
I am not a lawyer but have been in the mortgage business for 13yrs. If you have proof that you rescinded the loan prior to the cutoff contact an attorney and fight. Even if you canceled after the 3 day period was over but no funds had been exchanged there isn’t a court in the world that will side with a mortgage holder that tried to force a borrower into a loan they did not want if they had the ability to resolve it.
Wells Fargo foreclosed home.mpg
