Question: Do you work for a mortgage company and if so is your office currently swamped with foreclosures? I have been trying to close on a house for close to a month and a half. The date keeps getting changed because we need a payoff document from CA and they say they are to swamped to send it to us. I can't help but wonder if something fishy is going on or if mortgage companies are really just backed up due to the hurricane (which is what they have said)

Answer: Is this a sub-prime lender?  Sounds like it is to me.\n\nNo one is that swamped, this is a relatively simple thing to do.  Sounds to me like your current lender is Ameriquest (which recently agreed to a 200M settlement for predatory lending and CAN'T do business in the entire state of CA anymore).\n\nSub-prime lenders can be notorious about getting a payoff out, because, once they loose the loan, they aren't getting paid anymore.  Just realize, that they have nothing to benefit by releasing your mortgage; they loose.\n\nWith that in mind.  You have to stay on them and threated legal action as well as reporting them to your state's department of licensing and finance.
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