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Fay Servicing, LLC - Chicago, IL

1.1
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About this business

<p><a href="http://www.fayservicing.com/" target="_blank"><img alt="" width="183" height="72" src="http://www.bbbchicagoblog.com/blog/wp-content/uploads/2014/08/fay-servicing.jpg"></a>Fay Servicing, LLC is a debt management and mortgage lender that provides services for both performing and non-performing mortgages.</p><br> 

Location details

440 S La Salle St, #2000, Chicago, IL, 60605, United States

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WeekdayScheduleStatus
Mon9:00 a.m. to 6:00 p.m.
Tue9:00 a.m. to 6:00 p.m.
Wed9:00 a.m. to 6:00 p.m.
Thu9:00 a.m. to 6:00 p.m.
Fri9:00 a.m. to 6:00 p.m.
SatClosed
SunClosed
Review Performance in the last  
6 months
1.1106 reviews
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VS S.'s profile image
VS S. 
on Birdeye

a year ago

I am a customer of Fay Servicing loan company. To be honest, this loan company is so terrible. The internal management is chaotic, the attitude is very bad, and they make me too much headache. I pay the loan on time every month. For example: I paid for 6 months, but they only admitted 3 months, and they send me a bill shows what I owed 3 month mortgage with Penalty. I repeatedly appealed, no one listened to me, no phone answered, and no email replied. They didn’t pay attention to my email that I sent with bank statement pro... read more

Nate M.'s profile image
Nate M. 
on Birdeye

2 years ago

Look at all the reviews from Yelp to Google and BBB. This company preys on people on financial distress. Their only goal is to foreclose and sell your home. They do not work with you and if you ask for a modification will continue to tell you your paperwork is not complete. I was close to losing my place recently but hired an attorney but if you can’t file an attorney general complaint. They say you have an account manager which you don’t. They say that manager will call you and they don’t. Take notes, record conversations a... read more

Elizabeth S.'s profile image
Elizabeth S. 
on Birdeye

2 years ago

One of the worst most untrustworthy lenders I have ever encountered. They have an F rating with BBB and were recently fined over 1.15 million dollars for forcing homeowners into foreclosure. They are rude, don't return phone calls, give out false information, and then they oh well we apologize you were given false information but that rep should of never told you that... no accountability and so what if we put you in a worse situation. They need to be stopped. Their main goal is to take your home. I just read that they buy h... read more

Karen R.'s profile image
Karen R. 
on Birdeye

3 years ago

They buy up mortgages that they think they can foreclose on and then after a year of paying they will stop accepting your payments and not tell you.. just return to the bank after 14 days just in time to be late on your mortgage. No notice of being late or having a problem processing the payment, just no payment received on their end. When you call them about it they blame the bank but will do nothing to try to figure out why it changed. They will claim they need to get documents from you proving you own the property, e... read more

Damion J.'s profile image
Damion J. 
on Birdeye

3 years ago

Fay Servicing is NOT a customer-friendly organization. Most of the representatives are rude and obnoxious. I will never do business with this company again. 

JOHN M.'s profile image
JOHN M. 
on Birdeye

3 years ago

Darn, this site forces me to give them one star. I wouldn't if I didn't have to. Zero stars is far more appropriate and matches the Zero Performance by Fay and the Zero support from Fay. I have 2 loans that were purchased by Fay. I have paid every payment on time or ahead of due date. I have never missed or been late with a payment. When reaching out to Fay to try to resolve two different issues, I get zero response. I have sent eMails, left voice mails, etc. Zilch, nil, nada from Fay. Fay employees must be highly t... read more

TSM's profile image
TSM 
on Birdeye

6 years ago

Obviously crooked, first rep would barely answer my questions, put me on hold instead of transferring me to the extension that he did not know the number to (???), spoke fast. Second rep seemed more helpful but we'll see what happens. BEWARE! 

Frequently asked questions about Fay Servicing, LLC

How is Fay Servicing, LLC rated?

Fay Servicing, LLC has a 1.1 star rating with 106 reviews. 

When is Fay Servicing, LLC open?

Fay Servicing, LLC is closed now. It will open on Monday at 9:00 a.m. 

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