Comments on: Homeowner rights while in foreclosure

By: HOMEOWNERS RIGHTS ON FORECLOSURES

HOMEOWNERS RIGHTS ON FORECLOSURES — Sun, 11 Mar 2012 02:32:55 +0000

My husband and I lived in our home over 25 years. In Feb. 2010 we started a loan modification with First Franklin Loan Services , with help from an orgization called NID in St. Louis ,MO.After months and months of resubmitting one document after another and not getting our loan modified, we are notified that Bank of America is now our mortgage holder..now we have to start all over again with issuing all the same documents that were given to First Franklin. First Franklin didn’t send any of our documents to Bank of America. So here we go again going through all the same things, faxing one document after another, waiting to hear from BoA only to get another person telling me to send an additional document that they didn’t have.We would get a letter from BoA refusing the modification and then have to reapply again, all along trying to keep making $1400.00 a month in payments that we couldn’t afford to make. This kept going on until Nov. 2011 when we received letters informing us BoA was forecloing Dec.6, 2011. WE still kept on trying to get BoA to make our loan affordable to us even right up to the day before the sale date. And they still refused us! We then found out US Bank bought the loan.Which we now believe owned the mortgage originally.We recently found out there is no law in the state of MO that says you have to be told up front who your actual lienholder is. What about Truth in Lending? There is no truth these days !!!! WE NEED TO JOIN TOGETHER AND FIGHT FOR WHAT WE HAVE WORKED SO HARD FOR!!! DOES ANYONE KNOW OF AN ATTORNEY THAT WOULD BE WILLING TO HELP US [we , American born citizens]TELL OUR STORIES IN COURT? PLEASE CONTACT ME AT GRANNYSOPENHOUSE@YAHOO.COM

By: jackie moore

jackie moore — Thu, 26 May 2011 07:17:25 +0000

my father was a 77yr old man who passe on january 10,2010. the family found out in june 2008 he had taken out a loan with homeowner corp. in 2005.he couldn’t read,, / he was hard of hearing and seeing. he was a diabetic, had highblood pressure along with pain from other health issures and on to many medications to mention.. someone come to his home that he build himself in the 1960′s to take out the loan. the loan papers weren’t dated by him or signed by the loan officer and had change several time which counYwide and bankofamerica in foreclosuer. there are so many things that wrong with the loan like it being especially for someone else instead of 104yrs old the life of the loan. who gives a 75yr old blackman who wouldn’tve enough money to buy food , a 82 thousand dolar/loan inwhiich almost all his monthly funds go toward a house he build himself and has never owed a motgage on ? how do i join a classaction lawsuit against bankofamerica?

By: Tony

Tony — Wed, 11 May 2011 19:53:53 +0000

I’ve been in foreclosure with Bank Of America since November 2010. They just told me I had been approved for a Fannie-Mae modification. Starting June 1st I make three trial payments at the new trial period amount (They said my loan will be spread to 40 years and reduced from 5.75% to 5%). They said if I make all three payments on time it will become permanent. It sounds too good to be true and after reading all this I am thinking they are just scamming me and I’d be better off keeping my money for when I do get evicted. Anybody have any advice? Has anyone heard of this really working out as bank Of America is promising? How can I become part of this class action suite?

By: ernie clevinger

ernie clevinger — Wed, 04 May 2011 20:39:49 +0000

us 2 has ask bank o america to mofied our mortgage in 2009 3 times would,nt do it we 2 morgtage theya first sold our mortg age c70yrsold anountry wide to b of a then bank of american sell the sectord mortgage to green tree what that is i am looing for a anttoney that will help us with our trouble we haveing we sick an in our 75yrs i have to take 17 med a day he take about 7aday we just can,t pay 843.00mortgage pif any oneayment an all our othe bills if any 1 no of a lawer that take the cases post it on the web thank

By: Marcy Mintz

Marcy Mintz — Sat, 12 Feb 2011 17:33:33 +0000

P s: In addition, my home would sell for $340,00.00 to 360,000.
If we had to sell now. So, we would then have a short sell or
similar.
My husband, age 72, does not have any job prospects.
Thank you,
Marcy Mintz

By: Mortgage Menders » Rate on 30-year fixed mortgage dips to 4.71 pct.

Mortgage Menders » Rate on 30-year fixed mortgage dips to 4.71 pct. — Tue, 18 Jan 2011 21:30:53 +0000

[...] borrowers to refinance, but would-be buyers remain hesitant. The number of homeowners looking to refinance rose last week, the [...]

By: Henry

Henry — Sun, 16 Jan 2011 05:29:56 +0000

YEA WHAT!

By: Henry

Henry — Sun, 16 Jan 2011 05:27:51 +0000

When will the Government step in and start arresting some of these big bankers for fraudently ruining the lives of so many Americans?
Steve Richey May 6, 2010 at 12:49 pm
ITS NOW 01-16-2011 AND HOMEOWNERS CONTINUE TO SUFFER, BECAUSE OF THESE FRAUDULENT BANKERS AND LENDERS. THE BK LAWS NEED TO BE AMMENDED TO ALLOW BK JUDGES TO FORGIVE MORTGAGE DEBT ON PRIMARY RESIDENCE THAT QUALIFY. BUT THEY LOBBIED AND PAID MILLIONS TO THE SENATORS AND GONGRESS TO STOP THIS. BUT IN TIME THEY WILL HAVE NO CHOICE BUT TO PASS SUCH A LAW, AND YES SHOULD PUT THESE THIEVES, LIERS, ABUSERS, HOMO LENDERS, AND BANKERS OUT ON THE STREET TO EXPERIENCE THE COLD NITES AND WET GRASS THAT HOMELESS HOMEOWNERS END UP ON BECAUSE THEIR HOMES ARE FORECLOSED AND SOLD TO GREEDY INVESTORS TAKING ADVANTAGE OF THOSE IN TIMES OF CRISIS. AMERICANS NEED TO LOBBY TO PASS THE NEW BK LAWS. STOP BANKING AT THE AFORE MENTIONED BANKS THAT ARE ABUSING YOU. Naturally if I was a servicer with boa, chase, citi,etc and was not obligated to modify your loans, why should I. That is the reason no loan mods are being done. That is why they abuse the hell out of you. Our governement is the PROBLEM. Pres OBAMA needs to fire some of his staff that was suppose to help in the housing crisis. But nothing has ever been done. NOTHING, NOTHING NOTHING.
Jobs continue to get lost, homes continue to be foreclosed, and rude servicers continue to abuse. Its amazing no one has gone POSTAL ON THEM.

By: Malinda Collins

Malinda Collins — Mon, 13 Dec 2010 17:20:57 +0000

Stumbled onto your website. Not sure if you can help me or not. First filed for modification in Dec 2009. Still trying, I am in foreclosure and being told I do not have enough income to qualify for a modification. They will however put me on a Special Repayment Program for three months. i am to make a payment less than my regualr mortgage and after the three months (if i have cut my bills) I can refile for a modification. My question is I filed bankruptcy and put the house in it after three denied mods. If I make thes payments can they then hit me with fees and any late fees? Have been working with the Homeownership Center of Greater Dayton (Ohio) and have been talking with the VA but they are not much help. The first payment is due on the 17th of this month. HELP!!! Do I pay or not?

By: Steve Richey

Steve Richey — Thu, 06 May 2010 19:49:12 +0000

We have (had a beautiful home) but when I was laid off I could not make the mortgage payments. After notifying the loan holder they would not work with me and after we went into forebearance by making some payments they stopped communicating at all and began to send our payments back. When they did answer our calls a couple months later, we began a modification plan, but our contact went on vacation and turned the work over to her supervisor who, when we spoke with her was harassing and completely rude telling me I am a horrible father for being laid off and not caring for my children and that when the Sheriff comes to kick us out she hopes he arrest me too! I was flattened by her comments and that was in January and it still eats at me. We found out that while we were discussing the modification plan they had already sold our home to an investment company and we never would have been able to retain ownership anyway!
We contracted with an attorney who apparently just is enjoying our money too and did nothing to help after feeding us a song and dance about what a great chance we have to stop the foreclosure.
When will the Government step in and start arresting some of these big bankers for fraudently ruining the lives of so many Americans?