Loan Modification
Loan Modification
October 30, 2009
My ARM will go up soon
We have been late on our mortgage many months as both of our retirement checks arrive the third Wednesday of each month. We are able to afford the payment, but the late fees are adding up and going against our credit report.
Is it better to let my house go?
We tried several times to get a loan modification with Indymac and even submitted a complaint to the Office of Thrift Supervision. They made a determination that it was more costly to help us remodify our loan than to let our house go on foreclosure. I don't understand this, it does not make sense.
I want foreclosure help
I would like to restructure or modify my mortgage to a more manageable monthly payments. I don't want to have to do bankruptcy and ruin my credit. All I want is some foreclosure help to get a loan modification that will lower my interest rate.
October 20, 2009
I want to avoid foreclosure
We are in foreclosure - we were just turned down for a loan modification. We have talked to credit counselors twice.
How can I get current?
I have been trying to work with Citi Mortgage, but they are being difficult. They are aware my husband was out of work, but now we make more money and are ready to become current on the loan. Instead of helping with a forbearance or loan modification, they sent a letter threatening to foreclose.
Saxon was no help!
I talked with someone a month ago about a a loan modification or some other payment plan. This person said they could help me with the first mortgage, they said something about a forbearance plan that was supposed to start next month.
October 02, 2009
Need help with the Obama Plan
I am in the process of a loan modification and Wells Fargo is requesting 4000.00 after I received their package. They are not sure if they can give me one month to pay it. I was under the impression that President Obama created a plan where people can keep their homes.
I need a Loan Modification
i have been in repayment plan now and I'm still behind. EMC is willing to do a loan modification on my loan. I haven't made my payment this month which will make me miss my plan. I'm scared they are going to start foreclosure proceedings.
How do I respond to my 20 day letter?
I have just been served a summons that I have to respond to within 20 days with a written answer. I don't know what I am suppose to do. I would like to stay in the house longer, but I simply cannot afford the payments. Bank of America is not helping me avoid foreclosure. I need a loan modification.
Who is Cenlar?
My loan was moved from Taylor Bean & Whitaker to Cenlar. I don't know anything about them. I sure hope they are better than TBW. I was trying to get a forbearance, loan modification, or some other repayment plan so I can avoid foreclosure. I don't want to do a bankruptcy and ruin my credit.






