SARASOTA – After five months of seeking a mortgage loan modification, Jeffery Feig’s approval package arrived in March. His payment was cut in half.
But two months later, Bank of America called with bad news: The lender changed its mind and wanted him to start paying the larger amount again.
“I couldn’t believe it,” Feig said. “I thought, ‘How is this possible?’ I had gone through so much, jumped through all their hoops.”
Then communication stopped. His calls weren’t returned, and he says no one could give him an explanation.
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I have been waiting for NEW loan modification qualification papers AGAIN, which will supposedly not arrive for another 5 weeks. (BofA is behind). After having sent papers to them 5 times and my assuring them that nothing has changed. My foreclosure date is in 2 weeks. I told them how can they send papers for modification if I am to lose my home and they stated that the foreclosure will probably be put off. BUT I could assure that would happen if I would send them a payment of 1100. No stay without money. kinda of like blackmail as the 10,000. I had sent them 2 years ago went to ALL fees and another 4 months of end of the minute stays. They keep blackmailing you for more money but won’t work on a loan modification. So I called back again to another CSR and find out that I had 2 loan modifications approved but withdrawn. One in November, 2009 and another March 17. Why withdrawn? I never heard a thing. Just calling in twice a week to “you don’t qualify, call back in 2 days and try again. What the hell is this? A game? I went through 3 years of my employers insurance company saying I wasn’t disabled,cutting off my income, but I was receiving SS disability. I’m tired of these big corporations screwing with you because they can, and no one is stopping them. Someone needs to stop this garbage………..