Comments on: Attention Congress, Mr. President, American Homeowners Need Your Help! http://loanworkout.org/2007/08/attention-congress-mr-president-american-homeowners-need-your-help/ Loan Modification & Home Loan News Sat, 20 Mar 2010 15:31:56 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: T.J. http://loanworkout.org/2007/08/attention-congress-mr-president-american-homeowners-need-your-help/#comment-565 T.J. Thu, 19 Jun 2008 21:10:31 +0000 http://loanworkout.org/2007/08/24/attention-congress-mr-president-american-homeowners-need-your-help/#comment-565 WOW! I feel really stupid! Just went through the give Countrywide your budget and write a hardship letter. They told me they couldn't talk to me until around the middle of July because the loan doesn't modify until September. They said they were working with people that were in trouble right now. I' m not behind and haven't missed any payments. I was thinking they might work with me, but I too get a different answer each time I call. After reading each testimony I now know I' m getting a very rehersed run around. Just don't understand the logic. Why not change a few numbers and let all of us continue to pay payments and keep our homes. Why get it back and sell it for alot less than we owe. I like the idea of living here and saving the money we pay each month until they kick us out. Are any of these companies and attorneys advertising to help us out on the up and up? WOW! I feel really stupid! Just went through the give Countrywide your budget and write a hardship letter. They told me they couldn’t talk to me until around the middle of July because the loan doesn’t modify until September. They said they were working with people that were in trouble right now.
I’ m not behind and haven’t missed any payments. I was thinking they might work with me, but I too get a different answer each time I call. After reading each testimony I now know I’ m getting a very rehersed run around. Just don’t understand the logic. Why not change a few numbers and let all of us continue to pay payments and keep our homes. Why get it back and sell it for alot less than we owe. I like the idea of living here and saving the money we pay each month until they kick us out.

Are any of these companies and attorneys advertising to help us out on the up and up?

]]> By: PIST http://loanworkout.org/2007/08/attention-congress-mr-president-american-homeowners-need-your-help/#comment-563 PIST Wed, 11 Jun 2008 00:54:43 +0000 http://loanworkout.org/2007/08/24/attention-congress-mr-president-american-homeowners-need-your-help/#comment-563 Damn Doug ! you tripled screwed them. save that money for the next 8-12 months because their foreclosure system & the courts are so far backed up it'll take about that long. & because they didn't want to help you they will probably have to sell the house for way under what you owe because they didn't want to modify & restructure your loan. so i guess then Good Luck man. Damn Doug ! you tripled screwed them.
save that money for the next 8-12 months because their foreclosure system & the courts are so far backed up it’ll take about that long. & because they didn’t want to help you they will probably have to sell the house for way under what you owe because they didn’t want to modify & restructure your loan.
so i guess then

Good Luck man.

]]> By: Doug http://loanworkout.org/2007/08/attention-congress-mr-president-american-homeowners-need-your-help/#comment-564 Doug Tue, 10 Jun 2008 17:50:11 +0000 http://loanworkout.org/2007/08/24/attention-congress-mr-president-american-homeowners-need-your-help/#comment-564 So Linda, was the person in "Home Retension" a "pull start" or a "push start"? These F'er farm this out to India as the final slap in the face. I went through this BS question asking session knowing what the answer was going to be. Screw em, I have decided to stop making my rediculous payments put that money in the bank until they kick me out. Then I will rent a house just as nice or nicer than the one I'm in for half the price. Double screw em, my house was just hit by a tornado recently. They can fix it too! So Linda, was the person in “Home Retension” a “pull start” or a “push start”? These F’er farm this out to India as the final slap in the face. I went through this BS question asking session knowing what the answer was going to be. Screw em, I have decided to stop making my rediculous payments put that money in the bank until they kick me out. Then I will rent a house just as nice or nicer than the one I’m in for half the price. Double screw em, my house was just hit by a tornado recently. They can fix it too!

]]> By: krunitomul blog http://loanworkout.org/2007/08/attention-congress-mr-president-american-homeowners-need-your-help/#comment-562 krunitomul blog Fri, 16 Nov 2007 23:33:16 +0000 http://loanworkout.org/2007/08/24/attention-congress-mr-president-american-homeowners-need-your-help/#comment-562 <strong>krunitomul 85 post</strong> all about krunitomul and top news krunitomul 85 post

all about krunitomul and top news

]]> By: Viagra Levitra Cialis http://loanworkout.org/2007/08/attention-congress-mr-president-american-homeowners-need-your-help/#comment-561 Viagra Levitra Cialis Fri, 16 Nov 2007 02:10:36 +0000 http://loanworkout.org/2007/08/24/attention-congress-mr-president-american-homeowners-need-your-help/#comment-561 <strong>Viagra Levitra Cialis</strong> this article discussion on my board Viagra Levitra Cialis

this article discussion on my board

]]> By: svirtokilo blog http://loanworkout.org/2007/08/attention-congress-mr-president-american-homeowners-need-your-help/#comment-560 svirtokilo blog Mon, 29 Oct 2007 04:34:12 +0000 http://loanworkout.org/2007/08/24/attention-congress-mr-president-american-homeowners-need-your-help/#comment-560 <strong>svirtokilo 14 post</strong> all about svirtokilo and top news svirtokilo 14 post

all about svirtokilo and top news

]]> By: kulartinuminto blog http://loanworkout.org/2007/08/attention-congress-mr-president-american-homeowners-need-your-help/#comment-559 kulartinuminto blog Thu, 18 Oct 2007 18:54:35 +0000 http://loanworkout.org/2007/08/24/attention-congress-mr-president-american-homeowners-need-your-help/#comment-559 <strong>kulartinuminto 15 post</strong> all about kulartinuminto and top news kulartinuminto 15 post

all about kulartinuminto and top news

]]> By: linda http://loanworkout.org/2007/08/attention-congress-mr-president-american-homeowners-need-your-help/#comment-558 linda Tue, 18 Sep 2007 10:56:38 +0000 http://loanworkout.org/2007/08/24/attention-congress-mr-president-american-homeowners-need-your-help/#comment-558 Moe, I am in the lending industry. I got in to it with the intent to help others so they wouldn't get screwed by people who are in it to make the most money off of someone's dreams. I have to admit if the banks and lenders did not have all of those special programs that make the move rebates for agents easy for people who truly could not afford the payment. we truly would see less of the foreclosures there are now. But I even for someone who knows the system I found my self losing both my properties, why because the declining market has made it difficult to refinance my homes. I do have a Countrywide loan and I have falling behind in payments and called ask to modify my loan if at least temporally using some of my own advice I tell my clients to do to help themselves in saving their homes. Would you believe I felt like they did everything possible to nix the idea of assisting me in saving my loan. I asked for a repayment modification of my late payments. this is what they did asked: all the TRUE NET INCOME, then for all debt including utilities,tuition, food,gas,entertainment, phone bill,eating out,misc spending. Which as you all know is not even asked when you purchase or refinance loan, not to mention you use GROSS INCOME. Do you know what they said, we don't qualify for a repayment plan we do not make enough to cover all our debt. If we made enough we wouldn't be calling to ask for a repayment plan or modification. GENUIS!!!! So now they said we need to fill out this form which basically is the same questions ask for the repayment plan, which I didn't qualify for. So I sent in a payment to them to let them know my intention are to try every means possible to catch up on my late payments, low and behold we received a letter from our bank and said we were credited back what we paid to Countrywide. I called them up and was told since I did not pay all the payments due that was not going to be accepted. WHAT KIND OF LENDER SEND BACK A PAYMENT WHO THEY ARE SAYING ARE SUPPOSE TO BE TRYING TO HELP OUT. Mind you I am in the industry I was following my own advice something I would tell my clients to do. Its at the point where none of the lenders are doing anything for the clients they would rather you lose your home then they take the time to help you save it. I see the end result, short sales that if were lucky have a buyer who will qualify for the purchase but for the most end up in foreclosure. Then I see the REO end when the banks own the home and have to list the homes and sell for less. It is ridiculous on what it gets sold for. They would make more sense to modify the loan at least for a 2 year period to help the client get back on feet or sell it for enough to pay off the actual loan balance. But they don't so much for the AMERICAN DREAM OF HOME OWNERSHIP that they so much advertise . The Gov't is not going to do much unless more lenders lose more than what they can afford to. So how many more people need to lose homes????? Moe, I am in the lending industry. I got in to it with the intent to help others so they wouldn’t get screwed by people who are in it to make the most money off of someone’s dreams. I have to admit if the banks and lenders did not have all of those special programs that make the move rebates for agents easy for people who truly could not afford the payment. we truly would see less of the foreclosures there are now. But I even for someone who knows the system I found my self losing both my properties, why because the declining market has made it difficult to refinance my homes. I do have a Countrywide loan and I have falling behind in payments and called ask to modify my loan if at least temporally using some of my own advice I tell my clients to do to help themselves in saving their homes. Would you believe I felt like they did everything possible to nix the idea of assisting me in saving my loan. I asked for a repayment modification of my late payments. this is what they did asked: all the TRUE NET INCOME, then for all debt including utilities,tuition, food,gas,entertainment, phone bill,eating out,misc spending. Which as you all know is not even asked when you purchase or refinance loan, not to mention you use GROSS INCOME. Do you know what they said, we don’t qualify for a repayment plan we do not make enough to cover all our debt. If we made enough we wouldn’t be calling to ask for a repayment plan or modification. GENUIS!!!! So now they said we need to fill out this form which basically is the same questions ask for the repayment plan, which I didn’t qualify for. So I sent in a payment to them to let them know my intention are to try every means possible to catch up on my late payments, low and behold we received a letter from our bank and said we were credited back what we paid to Countrywide. I called them up and was told since I did not pay all the payments due that was not going to be accepted. WHAT KIND OF LENDER SEND BACK A PAYMENT WHO THEY ARE SAYING ARE SUPPOSE TO BE TRYING TO HELP OUT. Mind you I am in the industry I was following my own advice something I would tell my clients to do. Its at the point where none of the lenders are doing anything for the clients they would rather you lose your home then they take the time to help you save it. I see the end result, short sales that if were lucky have a buyer who will qualify for the purchase but for the most end up in foreclosure. Then I see the REO end when the banks own the home and have to list the homes and sell for less. It is ridiculous on what it gets sold for. They would make more sense to modify the loan at least for a 2 year period to help the client get back on feet or sell it for enough to pay off the actual loan balance. But they don’t so much for the AMERICAN DREAM OF HOME OWNERSHIP that they so much advertise . The Gov’t is not going to do much unless more lenders lose more than what they can afford to. So how many more people need to lose homes?????

]]> By: Moe http://loanworkout.org/2007/08/attention-congress-mr-president-american-homeowners-need-your-help/#comment-557 Moe Fri, 24 Aug 2007 19:22:53 +0000 http://loanworkout.org/2007/08/24/attention-congress-mr-president-american-homeowners-need-your-help/#comment-557 You're welcome and I wouldn't say your screwed. We all need to unite and stay active. These are our homes, our lives. The purpose of <a href="http://www.loansafe.org/" rel="nofollow">www.LoanSafe.org</A> and this blog is to educate and inform but also to unite American Homeowners in the fight to protect our rights! You’re welcome and I wouldn’t say your screwed. We all need to unite and stay active. These are our homes, our lives. The purpose of http://www.LoanSafe.org and this blog is to educate and inform but also to unite American Homeowners in the fight to protect our rights!

]]> By: Moe http://loanworkout.org/2007/08/attention-congress-mr-president-american-homeowners-need-your-help/#comment-556 Moe Fri, 24 Aug 2007 19:20:39 +0000 http://loanworkout.org/2007/08/24/attention-congress-mr-president-american-homeowners-need-your-help/#comment-556 I responded to you in the forum over at <a href="http://www.LoanSafe.org" rel="nofollow">www.LoanSafe.org</A>. <img src="http://loanworkout.org/emoticons/wink.png" border="0" /> Thanks for your story! I responded to you in the forum over at http://www.LoanSafe.org. Thanks for your story!

]]>