Loan Modification
January 18, 2011
Settled on Nov.2007 by July 2008 I was told by National City I didn't have enough in my escrow to pay my taxes by $4000.00 and I had to start paying $100.00 extra added to my mortgage and addl $1276.00 along with my July mortgage $2235.00 with 2 weeks notice. Now my mortgage is $2335.00.
January 11, 2011
I have been working with Wells Fargo for 2 years to get this resolved, I fell behind because in the beginning they told me not to make payments while they were figuring out my loan modification, now it seems like they are telling me there is nothing they can do.
I am currently 9 months behind on my mortgage. My home has been on the market for Short Sale for five months. I applied for a Home Loan Modification Loan with Chase before I became delinquent but was denied. I don't want to keep the house and am considering all options.
When we were first late i tried contacting Bank of America. They are absolutely NO help. Our second mortgage is up to date. If we can stay in house, we can start making Payments on time. We tried 3 different community and state programs with NO luck.
I have been working with America's Servicing Company since 2009, I have been hassled and lied to. I was in the HAMP program and because they lost a paper which they then found they tossed me out of the program that I had paid into for 5 months and wouldn't allow me to make any payments.
Our lender was Saxon. We tried to get on the Obama program with them made our payments on time, 6-7 months later they went up on our mtg from 1500 to 2700. then sold the loan to Ocwen who told us don't call us, we'll call you; we are working on your loan modification. This was 3 months ago.
I'm a single mom,I feel like such a failure, I vowed to my children that i would make sure we wouldn't ever have to move again and I'm totally disappointing them.
I have been given a dollar amount to reinstate this mortgage which is roughly $9515.00 or I have the amount of $13,400.00 if I reinstate the mortgage one month later. Ideally, my goal would be to bring this loan current through a loan modification and have the loan's current high interest rate of 8.
December 22, 2010
I am currently in the foreclosure phase. I have been trying to go through the loan modification process but Chase continues to tell me they need more information. This has been going on for months now.
December 21, 2010
I applied for a Home Affordable Modification Program (HAMP) with GMAC in July and made trial loan modification reduced payments to them because I had lost my job.
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