Vanderbilt is the mortgage co.that took over our mortgage when Oakwood went belly up.

We recently got a letter, Notice of Demand for Payment in Full of Your Account in the mail, telling us we defaulted on our payment agreement and that we have to pay over 50 thousand dollars, to keep our manufactured home. We are actually two and a half months behind in our payments. We were given less than two weeks to pay. If we do not pay, they will evict us.

We do not have this kind of money. Vanderbilt said they had already sent us the notice of default and right to cure default, of which we never received. Unless we pay this huge amount of money immediately, they may recover and resell our home. Can they do this, even though we never received the notice of default and right to cure default notice?

Also, if they can, how long would they give us to vacate our home?We do not own the land our home is on.

Monetary Loss: $50000.

Had an Experience with Vanderbilt Mortgage?

Write a review


Terms of Service
Post Comment

Knowing my husband had back surgery, and I was supporting us on 1400.00 a month (with two kids), they took our house. I would get a lawyer if I were you.


I purchased an Fleetwood by Oakwood that was supposed to be new.Never missed payment till Vanderbilt mortgage and two kids hospitalized they broke entered and changed locks chapt 13 was just prolonging the theft of our money cause the home is not worth their appraisal--only home replacement model cost with depreciation minus leaking roofs/rotting floors..

They charged for lot we owned in contract to stack figures though we paid cash for taxes. The telemarketers harass and Ed the repo man threatens physically. It then goes to attorney Green in NC which is owned by Berkshire City Fi and Vanderbilt owns GMA which is why though the IRS depreciates trailers we are being cheated.

Look at the Burlington Nc Phoenix housing group arrest and see the *** Buffet Jim Kevin Clayton pull Clayton cheated on his taxes by buying an jet and on heating fraud,Pilot truck stops.Buffet on sanctions and kickbacks so Kevin and Ruby Tuesday,etc minus interest paid from model cost used and run tell Washington and friends to put these crooks in prison and refund consumers, Even Oakwood was found guilty of false value appraisal before transferred to Clayton.Don't pay a dime more,take your loss they defrauded you.

You May Also Like

Usaa - Dangerously Incompetent Company Usaa "I had been a loyal customer of USAA for 26 years and a most recent event in December changed all of that. While driving from California to Arizona, I hit..." Read more NACA is the BEST mortgage product in the industry by FAR! Naca "I reviewed on here last year after I closed(March 2015)... but I feel this organization is easily worth writing another review for. First I will start with the numbers of..." Read more Quicken Loans is a grand rip-off Quicken Loans "The first thing is the upfront $500, which they tell you will be taken out of your bank account down the road, towards the end of the loan process, but..." Read more Ditech worest mortgage co EVER!THEY NEED SUED AND SHUT DOWN! Ditech "The lack of communication, knowledge, customer service and supervisors is the worst. I have been promised in last year a supervisor will call back, or they will mail me an..." Read more Reebok Dealer Reebok "http://www.asanadealers.com - Internet Reebok supplier Asanadealers, took an order from me for Reebok Crossfit Nanos 6.0 shoes over the internet which were paid for in advance. They sent me a..." Read more The Bradford Exchange United Kingdom - Very Poor Product The Bradford Exchange United Kingdom "I purchased a Gold plated ring from them last October for a 60th Birthday present for my mum. She didn't start wearing it until 6th December and it already looks..." Read more New Hulu Interface Is Horrible! Hulu "The new Hulu design on Roku is pretty bad. At first I thought I needed to reboot my unit. The layout seems convoluted, oversized and difficult to maneuver through. Your..." Read more CAMPING WORLD CEO TRIED TO RUIN ME Camping World "South Florida RV Dealer Files lawsuit against Camping World for Fraud Civil Conspiracy, Theft of Trade secrets among other things. There is a thing called fair competition and I was..." Read more