Comments on: No Hope for These Homeowners Part 1

By: Christina Owens

Christina Owens — Thu, 02 Apr 2009 19:46:59 +0000

http://www.whitehouse.gov/ make your complaints to this website much more help i find.

By: Moe Bedard

Moe Bedard — Mon, 16 Mar 2009 13:37:52 +0000

Great advcie Jeana! Leave no stone unturned and keep up the good fight!

By: jeana reed

jeana reed — Mon, 16 Mar 2009 04:33:22 +0000

I am waiting on a loan mod with Chase. What a joke, So is HOPE. They are just getting paid and doing nothing. Don’t waste your time with them. Write Obamaweb site. I do everyday. Call your Attorney General office or call the comptroller of currency or the banking commission. Don’t give up. Also, the mortgage company has to produce note on your house. You do not have to accept whatever they offer you. Talk to your mort lender or talk to a loan mod attorney. It is a long process but the govt is bailing out the banks and they need to bail out the homeowners.
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By: vazkez1975

vazkez1975 — Fri, 13 Mar 2009 04:53:07 +0000

the same problem here too with CW, I’m 4 months late on my payment,and still no help what can we do? my current payment takes 50% of my take home money and they still don’t want to help. any suggestions.

By: traci

traci — Wed, 04 Mar 2009 15:15:09 +0000

Im having the same problem with cw ive been calling for six months my payments are not late but i can barely afford my other bills i just keep getting the run around my house is worth less the i owe any suggestions?

By: edlaws

edlaws — Sat, 07 Feb 2009 04:45:04 +0000

I am also having the same issue with CW. I have decided to fight back. I have canceled my escrow payments and will make insurance and tax payments myself. No sense in allowing CW to use the interest off my money. I’m writing my congresswomen and HUD, and anyone who is listening. I’m terrified to miss a payment hoping to qualify for assistance, there has got to be a better way.

By: ja8669

ja8669 — Wed, 04 Feb 2009 04:14:45 +0000

Hope Now has is now No Hope Now. We are with Wells Fargo and after dealing with Hope Now our home is in foreclosure and is now costing more to keep my house then before. Wells Fargo must be looking to get into the real estate business. Still fighting to keep it.

By: Rob_

Rob_ — Mon, 08 Dec 2008 21:59:10 +0000

FYI, as of Dec 1 BOA is doing H4H only for Countrywide customers. BOA customers will have to wait…

By: dthom

dthom — Tue, 25 Nov 2008 13:45:23 +0000

Like tejanogol we too are current on our mortgage with CW and they say they won’t help even though H4H says we qualify for a loan modification due to income being less than at time of refi in August 07 and the fact that we have a 8.25% sub prime. We are also delinquent on credit cards in order to pay the mortgage. But CW told us to just wait a year and we should regain the $30,000 in lost value and then refinance can’t do it now as we are “underwater” What world do they live in. Of course even if a miracle happened and we did regain the lost value our credit would be trashed because we couldn’t keep up with the credit cards, so we couldn’t refi anyway. A vicious circle. Right now our mortgage payment is taking up about 42% of our take home pay the rest has to pay utilities, cc, food, gas, etc. We have cut back as far as we can. At time of refi husband was taking home about $150 to $200 more per week than he is now due to the economy. the mortgage takes all of my monthly take home, plus some extra, but we don’t qualify for anything according to CW.

By: pespinosaesq

pespinosaesq — Wed, 12 Nov 2008 21:47:35 +0000

When doing modifications, the banks are looking closing at the debt to income ratios of borrowers. I am not certain how the banks calculate the debt to income ratio in order to make a determination about the loan modification package. Does anyone know how they make that determination?