My ex husband, while we were married, took out a line of credit against our home for the amount of $59,000 with Deep Green Bank, now known as Third Federal. The application was made in October 2002. I had NO knowledge of this debt until November 2008 when my husband informed me that he wasn't paying the mortgage or the second mortgage because the house wasn't worth it. The payments weren't made for two months. I questioned this second mortgage and when it occurred, he insisted I agreed years ago, I told him that was impossible, I never would have agreed!! I opened a letter from Dearborn Federal Savings (the primary mortgage), and it was in fact two months overdue. There was also a notice from Third Federal with only my husband's name on it. I opened it and found it to be a late notice for this equity line of credit. I have paid and continue to pay the primary mortgage and called Third Federal two days later. They said it was a debt against my house and I asked them how I could have such a large loan against my home without my knowledge and requested they send the original documentation. He said (Brian Chappas?) that he would send the paperwork but could not discuss much more because the loan for the money was not in my name!! (Red flag)!!! A week later I received the documentation and was stunned to see my forged signature on the application. This was notarized by a state of Michigan notary. The second document was the actual loan of money in my husband's name only.
I filed a police report and a complaint with the Federal Office of Thrift. Since then the bank sued my ex only, and received a judgment for at least $59,000 and the house was awarded to me. It is also stipulated in my divorce, that my ex pay this second loan. Because of this, the Wayne county prosecutor feels the only way for me to proceed is through civil court. I remain a victim of fraud and crime based on the actions of this bank,my ex and notary. The bank informed the detectives on this case that I would not be held liable in the summer of 2009. When I called the bank and spoke with Tony Tranchito in security he said the police weren't necessary, because they would not hold me liable for the money judgment but still wouldn't remove the lien on my home! The police thought it was totally settled!! So they didn't act on the case again until I followed up! I'm quite upset that I have to now pay additional money to start civil action. The notary, Joy S. Boyd, is still an active notary in the state of Michigan. I also filed a complaint against her in March 2009, but because of the delay in this case, no action has been made against her! Third Federal has not acted as a consumer advocate (for me), their actions and delays have obviously been advocating criminal activity and I'm appalled at their indifference. During my divorce proceedings, during deposition and on record, my ex was shown this loan application and he stated ON RECORD that my signature looked like a bad forgery and he doesn't remember the events surrounding the loan process! How much more proof is needed???? Such bad business practice, this loan NEVER showed up on my credit report...after all of the research I have done, it is quite obvious that I was set up by all involved! I am still in my home, paying all the bills,the legal mortgage and providing for my kids, but I will admit, I am getting tired of remaining the victim to Third Federal Bank. |
