http://loanworkout.org/2009/06/homeowner-rights-while-in-foreclosure/ Loan Modification & Home Loan News Fri, 20 Nov 2009 12:55:43 -0700 http://wordpress.org/?v=2.8.6 hourly 1 http://loanworkout.org/2009/06/homeowner-rights-while-in-foreclosure/#comment-16520 Lilyjoe Tue, 01 Sep 2009 21:38:52 +0000 http://loanworkout.org/?p=4472#comment-16520 B/A gave us a Modification Agreement with new interest rate & loan payment which was due 9/1. Problem is when I sent in the new modified payment, they said it goes into another account & not against my present loan. It will take about 3 months for the payments to be credited to our loan. I am concerned because in the meantime our loan will show a delinquent amount each month. Can they then file foreclosure? They will not provide any information in writing explaining anything. B/A gave us a Modification Agreement with new interest rate & loan payment which was due 9/1. Problem is when I sent in the new modified payment, they said it goes into another account & not against my present loan. It will take about 3 months for the payments to be credited to our loan. I am concerned because in the meantime our loan will show a delinquent amount each month.
Can they then file foreclosure? They will not provide any information in writing explaining anything.

]]> http://loanworkout.org/2009/06/homeowner-rights-while-in-foreclosure/#comment-16265 Kim Savage Fri, 21 Aug 2009 15:44:29 +0000 http://loanworkout.org/?p=4472#comment-16265 I have perfect credit and applied to refinance my loan with Bank of America (took over from Countrywide). They charged me a $500 application fee - something I have NEVER had to pay before - to get a refi with the same place that holds my loan. I signed the papers on May 22 and mailed them back. They have still not gotten back to me for the refi and they stuck additional charges on the GFE that were junk fees! I have left messages for supervisors, emailed them, etc...and no one will call me back. They kept my $500 and approved me for the refi but will not bring it to close!!! HELP! I have perfect credit and applied to refinance my loan with Bank of America (took over from Countrywide). They charged me a $500 application fee – something I have NEVER had to pay before – to get a refi with the same place that holds my loan. I signed the papers on May 22 and mailed them back. They have still not gotten back to me for the refi and they stuck additional charges on the GFE that were junk fees! I have left messages for supervisors, emailed them, etc…and no one will call me back. They kept my $500 and approved me for the refi but will not bring it to close!!! HELP!

]]> http://loanworkout.org/2009/06/homeowner-rights-while-in-foreclosure/#comment-15720 Handling Home Foreclosure when Unemployed | Home finance Fri, 17 Jul 2009 12:20:58 +0000 http://loanworkout.org/?p=4472#comment-15720 [...] and so that you’ll know how to fight back against abusive mortgage lenders.  If you’re facing foreclosure or an interest rate adjustment, look through your loan documents and check if you were provided [...] [...] and so that you’ll know how to fight back against abusive mortgage lenders.  If you’re facing foreclosure or an interest rate adjustment, look through your loan documents and check if you were provided [...]

]]> http://loanworkout.org/2009/06/homeowner-rights-while-in-foreclosure/#comment-15227 Harriet Mon, 15 Jun 2009 01:03:55 +0000 http://loanworkout.org/?p=4472#comment-15227 My bank is fighting my automatic stay because I filed for bankrupcy as well. They never tried to help me modifiy the loan. I heard that the government is wanting banks to offer homeowners a modification. Why is it up to the servicer? Does she make commission on the loans? My bank is fighting my automatic stay because I filed for bankrupcy as well. They never tried to help me modifiy the loan. I heard that the government is wanting banks to offer homeowners a modification. Why is it up to the servicer? Does she make commission on the loans?

]]> http://loanworkout.org/2009/06/homeowner-rights-while-in-foreclosure/#comment-15190 Electronic Solitaire Fri, 12 Jun 2009 07:59:15 +0000 http://loanworkout.org/?p=4472#comment-15190 This is a most unfortunate situation. I did not know about it, and I am grateful to you for bringing it to our attention. This is a most unfortunate situation. I did not know about it, and I am grateful to you for bringing it to our attention.

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