USER REVIEWS (jlambright)
VeriCrest Financial, Inc.
VeriCrest Financial, Inc. is holding people's homes hostage.
VeriCrest Financial, Inc. is refusing to proceed with bank short sales unless they receive a 20% payoff to release their lien in 2nd position. The lender in 2nd lien position stands to gain NOTHING at sheriff's sale. $0.
This act alone is forcing homes into foreclosure rather than allowing the home to be sold as a short sale.
Why would VeriCrest Financial, Inc. expect to be paid more money than all of the other lenders who accept a 10% payoff?
I... read full review »
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