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EMC Mortgage

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EMC Mortgage Corporation is a mortgage banking company. The company was founded in 1990. EMC Mortgage Corporation is a wholly owned division of The Bear Stearns Companies, Inc. EMC Mortgage Corporation is a company specializing in the acquisition, securitization and servicing of mortgages and mortgage-related services. The company focuses on subprime residential loans for customers with credit scores ranging slightly lower than what a company considers prime. At the present time EMC Mortgage Corporation is considered to be one of the most experienced residential mortgage companies in the industry.

EMC Mortgage provides collections, workouts, foreclosure administration, and accounting services in addition to the mortgage servicing. Please try to contact EMC Mortgage Customer Service directly prior to posting any complaints on this site.

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EMC Mortgage Reviews

Anonymous
EMC Mortgage- Loan Mod = foreclosed anyway

After jumping through all of their hoops, sending financial info several times while making payments as agreed in the loan modification for 8 months EMC Foreclosed anyway. Evicted ...

#277771
Nov 28, 2011
147

Anonymous
EMC Mortgage - Home modification process

I have been working with EMC for more than two years in an attempt to get my home mortgage modified to a 30 year fixed and get rid of the 5 year ARM. I initially used NACA to submi...

#273407
Nov 07, 2011
102

Tami72
EMC Mortgage - Emc Heartless

Emc only took 250.00 dollars off my mortgage after a 3 yr battle for modification. I am on Disability and have 2 children to care for and that is all they took off. They ended up...

#262928
Sep 19, 2011
163

Anonymous
EMC Mortgage, jp morgan, bears stearns

Emc Mortgage company took my home & I live in Montana & I was on a classaction lawsuit in Kentucky and California, and my attorneys said in Florida & also in Washington state they ...

#261417
Sep 12, 2011
264

Anonymous
EMC Mortgage - Loan mod or loan audit which is worse

Who is the bigger crook? big banks, or the companies who offer help both with modifications or audits my answer to that is, they both are.It sickens me that people pray on others w...

#258140
Aug 27, 2011
983

Jmorey
EMC Mortgage - EMC is an absolute joke of a company

This company is an absolutely joke. I sent them funds to payoff my loan in full. They cashed my check and put the money in suspnese account for almost 3 weeks. They told me t...

#255621
Aug 15, 2011
389

Upset40
EMC Mortgage - Lied to us

We were lied to my EMC about our second mortgage. We were told it was going to be written off after our bankruptcy and it was not. We hadn't paid on it for months as was told by ...

#253390
Aug 04, 2011
362

Dedave@c...
EMC Mortgage - In a loan mod for 12 months, kept loosing pprwk, now foreclosing...we did exactly what they said.

We have had EMC for awhile & 2 years ago I had a stroke, we get a letter in the mail offering to do a loan modification, but for the next year they cut on pyamnt in half, we paid e...

#251641
Jul 27, 2011
1077

Anonymous
EMC Mortgage - EMC has Lousy service - PERIOD

Over the years I've had Emc, I have had several problems with late fees. This is due to any of the following scenariosDo not receive Monthly (used to be quarterly issued)...

#251580
Jul 27, 2011
256

Be1950
EMC Mortgage - Nothing but lies

They say they report to the 3 credit bureaus but do not.( it is in the MISSION STATMENT) you ask for a payoff letter it takes 30 days to get it by then you need a new one I get a ...

#245305
Jun 25, 2011
279

S.Franklin
EMC Mortgage - EMC Needs to b INVESTIGATED

I am trying to buy a home from EMC. They took a month and a half to start escrow due to their issues with Power of Attorney and the deed. After starting escrow I put notice in at ...

#243694
Jun 16, 2011
238

Anonymous
EMC Mortgage Needs To Be Investigated

I am buying a home from EMC Mortgage. Wow first they take 3 weeks to say they finally have Power of Attorney to start Escrow. They finally statt escrow another two weeks after that...

#243691
Jun 16, 2011
308

JoeH
EMC Mortgage - EMC jerking me around

EMC mortgage corp has been jerking me around. Payments I have made along with payments made threw a bankruptcy have over paid this loan. payments made since 2007 have been returned...

#242878
Jun 12, 2011
299

Anonymous
EMC Mortgage - EMC JERKING ME AROUND

EMC KEEPS LOSING PAPERWORK TO MODIFY MORTGAGE. KEEPS ASKING FOR THE SAME INFO REPEATEDLY, SAYING THEY NEVER RECEIVED THE PAPERWORK. I HAVE SENT THE IDENTICAL INFORMATION EACH TIME....

#240965
Jun 02, 2011
336

Chef Col...
EMC Mortgage - Horrible Dealings with EMC

Working on a re-mod for months with EMC- have been treated rudley- never spoke to the same person twice. Faxed them pages and pages of personal informtion and have been asked for ...

#238681
May 20, 2011
421

Anonymous
EMC Mortgage - EMC Chase and BOA are rotten no good theifs

I seriously dont believe anyone can help anybody dealing with these banks and the loan modification programs that they offered.I have been going through this nightmare for two year...

#233562
Apr 21, 2011
602

Popazon51
EMC Mortgage - Emc how to fight back

Emc has been sued by the ftc check the web site and you might be owed money and also see how they screwed people like you and I. I am going to take them to the cleaners and if you ...

#232902
Apr 17, 2011
914

Biglewise
EMC Mortgage - EMC are crooks and not customer friendly

They are holding a lien on property I do not even own. I signed a unsecured loan when I sold my house 9 years ago. they bought my loan and now have made it a lien on property som...

#231723
Apr 11, 2011
335

Ddperry
EMC Mortgage - Customer service is horrible, they are not there to help at all

EMC Mortgage company is the absolute worst!!!!I don't know how anyone ever accomplishes anything with them, when it is totally impossible to speak to any one on the phone!!!It feel...

#230712
Apr 05, 2011
456

Freelake
EMC Mortgage - Emc, awful

Began April 1, 2009 with my loan modification. Today March 29, 2011. still waiting. sent in hundreds of documents, sent in new application 7 times over the last two years. don't un...

#229643
Mar 29, 2011
337

James ru...
EMC Mortgage - Loan mod gone really wrong

Check this out April of 09 offered a loan modification from EMC with the promise of lower payment + lower interest rate I took advantage of their offer and singed up, what a mistak...

#228691
Mar 24, 2011
1446

DBL
EMC Mortgage - Complaint aganist EMC and Chase

I am very unhappy with EMC and Chase. I have attempted on three different occassions to modify my home mortgage but to no avail. Chase has requested the same documents at least thr...

#227065
Mar 16, 2011
785

Apa 343
EMC Mortgage - Emc loan problem

Emc people suck I have make my payments on time after loan modification and none of my payments are credited and they keep on sending me letters that I am late charging me l...

#226097
Mar 10, 2011
1006

Anonymous
EMC Mortgage - Emc screwing the american people

I have been dealing with EMC for over 2 years with no success time and time again missing paper work no loan modification.I hired a company to help still nothing but this time pape...

#225788
Mar 09, 2011
879

Bobbysar...
EMC Mortgage - Forced escrow payments,i paid the taxes!

2 yrs of complete frustration being lied to by them on a modification that never happened,pulling the home out of forclosure 3 times in the last 2 yrs.Now they have placed forced e...

#224478
Mar 01, 2011
695

DIROGO
EMC Mortgage - EMC DEVIL's MANSION

Http://www.bing.com/maps/default.aspx?q=4+Aspetuck+Ln++06880&mkt=en-US&FORM=BYFDHere is where Edward Raice lives that started EMC mortgage. He lives on an estate in Con...

#223270
Feb 23, 2011
483

DIROGO
EMC Mortgage

We need to march on their corporate office in Texas...you can also call Tony Val Verde at 800-695-7695 - wait till it asks you if you want to type in a name in the company director...

#223259
Feb 23, 2011
362

Losers
EMC Mortgage - Monthly Statements arrive one day before Due date to collect Late Fees

Filed Bankruptcy but did NOT include mortgages and continued to pay as normal. as soon as EMC was informed of the Bankruptcy they started mailing our monthly statements out to be r...

#221974
Feb 16, 2011
607

Myhome2
EMC Mortgage - EMC Trial Period. good or not? Will it report?

Question: I am trying to get a modification for a lower interest rate. I was told that I will be put on a trial for 3 months and then it would chang eover. However, I've had go...

#221835
Feb 15, 2011
551

Jkmertz123
EMC Mortgage - EMC antics

Been working or trying to work with EMC for 19 months now starting in August of 2009. Keep getting the run around, a different answer 95% of the time I call and speak to someone, ...

#221802
Feb 15, 2011
5340
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Reviews 1-30 of 136

Related Information

Loans and Mortgages
Every time there is a need to borrow money person faces an option - to go to a mortgage broker or to work with a direct lender. Many people choose to work with mortgage brokers and direct lenders alike, depending on their individual situation and needs. A mortgage is a lien on a property/house that secures a loan and is paid in installments over a set period of time. The mortgage secures a person's promise that he/she will repay the borrowed money to buy a home. A person should be ready for a financial commitment that could last several decades. Mortgages come in many different shapes and sizes, each with its own advantages and disadvantages. It is vital to make sure that the right mortgage is selected, the one that is right for a person, his/her future plans, and his/her financial situation. Each borrower may choose among the following types of mortgage: fixed-rate mortgage, adjustable-rate mortgage, balloon/reset mortgage, reverse mortgage. A loan is a type of debt. A loan predetermines the redistribution of financial funds over a certain period of time, between the borrower and the lender. At first the borrower receives a certain amount of money from the lender. The borrowed sum is usually but not always paid back in regular installments, to the lender. As a rule, the service is offered at a cost, which is called an interest on the debt. Under the terms of the loan, a borrower may be subject to certain restrictions - loan covenants. Loans are offered by all the financial institutions, like banks and financial services companies.

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