Comments on: Monitored Mortgage Workout (MMW) Program Introduced in California http://loanworkout.org/2009/11/monitored-mortgage-workout-mmw-program-introduced-by-california-state-assemblyman-pedro-nava/ - Free Mortgage, Auto and Student loan Calculators by LoanWorkout.org Wed, 23 May 2012 16:08:16 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Loan Modification help http://loanworkout.org/2009/11/monitored-mortgage-workout-mmw-program-introduced-by-california-state-assemblyman-pedro-nava/#comment-18042 Loan Modification help Mon, 16 Nov 2009 08:15:23 +0000 http://loanworkout.org/?p=6783#comment-18042 I agree that politicians have bankrupted our state. On the other hand, I know that a professional consultant can help you renegotiate your loan with your lender. I agree that politicians have bankrupted our state. On the other hand, I know that a professional consultant can help you renegotiate your loan with your lender.

]]> By: David http://loanworkout.org/2009/11/monitored-mortgage-workout-mmw-program-introduced-by-california-state-assemblyman-pedro-nava/#comment-18032 David Sat, 14 Nov 2009 20:05:27 +0000 http://loanworkout.org/?p=6783#comment-18032 The California politicians have bankrupted our state. This plan of theirs will be like all their other plans. It will be just like the phone "moratorium" where all the big banks got a waiver on that. Those same big banks will still get a pass to do whatever they want with us. The plan will have some loophole so the banks don't have to follow any rules. The banks control the politicians, and that is the sad truth. The California politicians have bankrupted our state. This plan of theirs will be like all their other plans. It will be just like the phone “moratorium” where all the big banks got a waiver on that. Those same big banks will still get a pass to do whatever they want with us. The plan will have some loophole so the banks don’t have to follow any rules. The banks control the politicians, and that is the sad truth.

]]> By: Jack B. Nimble http://loanworkout.org/2009/11/monitored-mortgage-workout-mmw-program-introduced-by-california-state-assemblyman-pedro-nava/#comment-18029 Jack B. Nimble Sat, 14 Nov 2009 06:54:11 +0000 http://loanworkout.org/?p=6783#comment-18029 Well I thought I would be writing with some good news but after reading this entire page im not very confident anymore. I made my last payment to Bank of F’Americans in march 09 due to a disability. I hired a bunk loan mod company,riped me off for 2g’s, to help me because I could not write or concentrate very well at the time. Here I am 8 months later. The offered me a sale date instead of a mod. When I finally realized the mod guys were a fraud I frantically got on the web to try to get educated. I understand B of F’Americans only offers one of their own mod plans unless you specifically ask them to evaluate them under the H.A.M.P. law that Obama signed into law Feb 17th 2009. So after getting the runaround like everyone else on here. I fired off an email which went something like this: Dear Jacqueline McGill, My supposed negotiator, Regarding account number.####### It is November 10th 2009 at 5:20p.m. I write you in desperation as the sale date you gave me (11-16-2009), quickly approaches and I have not yet heard from you since our last conversation in which you said you would be contacting me. I need to know, Is my modification file in the process of or has it been completely reviewed under the H.A.M.P. guidlines under directives 09-01 thru 09-07 set forth by president Obama signed into law on February 17th 2009? Also, I spoke with a BofA agent this evening and her information is in contradiction to the information you supplied me with regarding the sale date. She informed me that there is currently no sale date set. She also sent you an email to try and clarify. Please advise me of the status of my sale date. I understand that under the H.A.M.P. law, a borrower cannot be forclosed upon untill they have been evaluated under the the H.A.M.P. law guidlines. Do you have all the information necessary from me, for me to be evaluated under the H.A.M.P. law? If I have been evaluated under the H.A.M.P. law and was found ineligable please advise immediately. If I have not been evaluated persuant to H.A.M.P. guidlines please accept this as my formal request to halt forclosure proceedings and provide me with the necessary forms to be evaluated under H.A.M.P. I am begging you to please make contact with me. Please. Kind Regards, Jack. The next business morning I called the Loss Mitigation line and waited a half an hour on hold and just as I was about to hang up a rep named Franklin answered. (No email response at this time) So I ask him if they got my email and whats the status on my sale date? He put me on hold for 10 minutes then comes back to tell me the sale date has been removed and that I have been approved by the bank but not the investor yet…and I will be recieving a Fed Ex package with details. I recorded the whole conversation with my digital recorder too. I asked it was under the H.A.M.P. law and he said he couldn’t say. I called the forclosure company and the sale date was pushed to december 16th 2009 one more month. So after hanging up with Franklin I fired this email to Jacquelin: 2009 Dear Jacqueline , I spoke with Bank of America associate Franklin at extention 2028 this morning at 10 a.m. and would like to follow up with you regarding the conversation. Franklin informed me that I have been approved by Bank of America for a modification of my loan # ######## and that my forclosure sale date of November 16, 2009 has been removed. He stated that B of A is awaiting final approval from the investor. I asked him if the modification had been approved under H.A.M.P. law and he said he didn’t have those details. Will you please contact me to confirm the accuracy of my conversation with Franklin? I contacted Recontrust Company to inquire about the sale date and was electronically informed that the date was moved forward to December 16th, 2009 in contrast to what Franklin informed me in regards to it being removed completely. I would appreciate a response from you or if you are no longer my negotiating officer, could you please direct me to someone who can communicate with me on the matter. Kind regards, Jack. So short story long, if you don’t specifically ask to be evaluated under the H.A.M.P. law they don’t have to offer you that program and maybe that’s why they can tell you you don’t qualify. And remember, this law say’s they can’t forclose on you if you haven’t been evaluated under H.A.M.P. guidlines. I am still bracing myself for the trial payment bullshit package to show up and get screwed after that too.. I would appreciate any comments and I hope this is helpfull to some… Good Luck All and Don’t forget to denounce Bank of F’Americans every little chance you get. 55 Jack B. Nimble November 13, 2009 at 10:39 am Also, Don’t deal with U.S. Loan Assistance Center!!!!! They are a fraud!! Note: If you want to record your converasation with the bank. Go get a digital recorder then when the rep begins a conversation, put your phone on speaker phone, start the digital recorder recording then ask their name and extension#, then, as a question ask ” This a recorded conversation?” they will say yes. then say as a question again, “It’s for quality assurance?”. State the date and time and your loan number somewhere in the conversation. Always try to ask it as a question. Like,”Whats todays date?”,”Are we referencing loan # such and such today?” try to get a recorder that is P.C. compatible so you can back it up to you computer as a file then burn a CD. Well I thought I would be writing with some good news but after reading this entire page im not very confident anymore. I made my last payment to Bank of F’Americans in march 09 due to a disability. I hired a bunk loan mod company,riped me off for 2g’s, to help me because I could not write or concentrate very well at the time. Here I am 8 months later. The offered me a sale date instead of a mod. When I finally realized the mod guys were a fraud I frantically got on the web to try to get educated. I understand B of F’Americans only offers one of their own mod plans unless you specifically ask them to evaluate them under the H.A.M.P. law that Obama signed into law Feb 17th 2009. So after getting the runaround like everyone else on here. I fired off an email which went something like this:

Dear Jacqueline McGill, My supposed negotiator, Regarding account number.#######

It is November 10th 2009 at 5:20p.m. I write you in desperation as the sale date you gave me (11-16-2009), quickly approaches and I have not yet heard from you since our last conversation in which you said you would be contacting me. I need to know, Is my modification file in the process of or has it been completely reviewed under the H.A.M.P. guidlines under directives 09-01 thru 09-07 set forth by president Obama signed into law on February 17th 2009? Also, I spoke with a BofA agent this evening and her information is in contradiction to the information you supplied me with regarding the sale date. She informed me that there is currently no sale date set. She also sent you an email to try and clarify. Please advise me of the status of my sale date. I understand that under the H.A.M.P. law, a borrower cannot be forclosed upon untill they have been evaluated under the the H.A.M.P. law guidlines. Do you have all the information necessary from me, for me to be evaluated under the H.A.M.P. law? If I have been evaluated under the H.A.M.P. law and was found ineligable please advise immediately. If I have not been evaluated persuant to H.A.M.P. guidlines please accept this as my formal request to halt forclosure proceedings and provide me with the necessary forms to be evaluated under H.A.M.P. I am begging you to please make contact with me. Please.
Kind Regards, Jack.
The next business morning I called the Loss Mitigation line and waited a half an hour on hold and just as I was about to hang up a rep named Franklin answered. (No email response at this time) So I ask him if they got my email and whats the status on my sale date? He put me on hold for 10 minutes then comes back to tell me the sale date has been removed and that I have been approved by the bank but not the investor yet…and I will be recieving a Fed Ex package with details. I recorded the whole conversation with my digital recorder too. I asked it was under the H.A.M.P. law and he said he couldn’t say. I called the forclosure company and the sale date was pushed to december 16th 2009 one more month. So after hanging up with Franklin I fired this email to Jacquelin:
2009
Dear Jacqueline ,
I spoke with Bank of America associate Franklin at extention 2028 this morning at 10 a.m. and would like to follow up with you regarding the conversation. Franklin informed me that I have been approved by Bank of America for a modification of my loan # ######## and that my forclosure sale date of November 16, 2009 has been removed. He stated that B of A is awaiting final approval from the investor. I asked him if the modification had been approved under H.A.M.P. law and he said he didn’t have those details. Will you please contact me to confirm the accuracy of my conversation with Franklin? I contacted Recontrust Company to inquire about the sale date and was electronically informed that the date was moved forward to December 16th, 2009 in contrast to what Franklin informed me in regards to it being removed completely. I would appreciate a response from you or if you are no longer my negotiating officer, could you please direct me to someone who can communicate with me on the matter.
Kind regards, Jack.

So short story long, if you don’t specifically ask to be evaluated under the H.A.M.P. law they don’t have to offer you that program and maybe that’s why they can tell you you don’t qualify. And remember, this law say’s they can’t forclose on you if you haven’t been evaluated under H.A.M.P. guidlines.
I am still bracing myself for the trial payment bullshit package to show up and get screwed after that too.. I would appreciate any comments and I hope this is helpfull to some… Good Luck All and
Don’t forget to denounce Bank of F’Americans every little chance you get.

55 Jack B. Nimble November 13, 2009 at 10:39 am
Also, Don’t deal with U.S. Loan Assistance Center!!!!! They are a fraud!! Note: If you want to record your converasation with the bank. Go get a digital recorder then when the rep begins a conversation, put your phone on speaker phone, start the digital recorder recording then ask their name and extension#, then, as a question ask ” This a recorded conversation?” they will say yes. then say as a question again, “It’s for quality assurance?”. State the date and time and your loan number somewhere in the conversation. Always try to ask it as a question. Like,”Whats todays date?”,”Are we referencing loan # such and such today?” try to get a recorder that is P.C. compatible so you can back it up to you computer as a file then burn a CD.

]]> By: California Workout-yet another fakeout. http://loanworkout.org/2009/11/monitored-mortgage-workout-mmw-program-introduced-by-california-state-assemblyman-pedro-nava/#comment-18028 California Workout-yet another fakeout. Sat, 14 Nov 2009 04:10:39 +0000 http://loanworkout.org/?p=6783#comment-18028 The last time California threw a sop to the homeowners was a 90 day moratorium, but they waived it for all their friends at the big banks. I expect this new program will pretty much follow suit. The last time California threw a sop to the homeowners was a 90 day moratorium, but they waived it for all their friends at the big banks. I expect this new program will pretty much follow suit.

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