Comments on: Department of Treasury Home Affordable Modification http://foreclosurekit.org/department-of-treasury-home-affordable-modification/ Stop Foreclosure Fri, 16 Jul 2010 04:12:28 +0000 http://wordpress.org/?v=abc hourly 1 By: AHI http://foreclosurekit.org/department-of-treasury-home-affordable-modification/#comment-64 AHI Fri, 16 Jul 2010 04:12:28 +0000 http://foreclosurekit.org/?p=400#comment-64 <i>I have just been served my foreclosure notice, which is just killing me. I have been working with the lender/servicer and they just seem to be dragging their end of the process. I had submitted a letter back last April and never heard anything then once the Governments no-Foreclosure period was over I heardd from them and was asked to submit a package, consisting of a hardship letter, financials, paystubs, tax returns and supporting documents. I then received a letter from a lawyer stating that they have been retained by Lender/Servicer to begin the process of collecting the debt (this was last week). I contacted the leder/servicer who said that they needed some additional documents, IE updated paystubs letter from doctor stating I was in hospital for over 18 months and they (lender/servicer) were continuing with the foreclosure. </i> +1 I have just been served my foreclosure notice, which is just killing me. I have been working with the lender/servicer and they just seem to be dragging their end of the process. I had submitted a letter back last April and never heard anything then once the Governments no-Foreclosure period was over I heardd from them and was asked to submit a package, consisting of a hardship letter, financials, paystubs, tax returns and supporting documents. I then received a letter from a lawyer stating that they have been retained by Lender/Servicer to begin the process of collecting the debt (this was last week). I contacted the leder/servicer who said that they needed some additional documents, IE updated paystubs letter from doctor stating I was in hospital for over 18 months and they (lender/servicer) were continuing with the foreclosure.
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]]> By: Carlo Casarano http://foreclosurekit.org/department-of-treasury-home-affordable-modification/#comment-2 Carlo Casarano Fri, 13 Mar 2009 20:33:47 +0000 http://foreclosurekit.org/?p=400#comment-2 I have just been served my foreclosure notice, which is just killing me. I have been working with the lender/servicer and they just seem to be dragging their end of the process. I had submitted a letter back last April and never heard anything then once the Governments no-Foreclosure period was over I heardd from them and was asked to submit a package, consisting of a hardship letter, financials, paystubs, tax returns and supporting documents. I then received a letter from a lawyer stating that they have been retained by Lender/Servicer to begin the process of collecting the debt (this was last week). I contacted the leder/servicer who said that they needed some additional documents, IE updated paystubs letter from doctor stating I was in hospital for over 18 months and they (lender/servicer) were continuing with the foreclosure. Now how is anyone suppose to feel comfortable with the pressure of foreclosure hanging over them while they are pushing to go forward with the foreclosure. All the while the lender/servicer is telling me that it looks good for the modification so I move forward and rent out a room, to help with income, sell some of my stuff to get money ready to go forward. I think that if the state approves a moritorium on foreclosures it will put some leverage back into the peoples hands that are working with the banks/lender/servicers as right now they have us running around and have no intention of doing a modification. I have been in my house for over 15 years, I am in a wheelchair and have worked hard all my life to lose everything because the lender/servicers is still being greedy and I was hospitalized for 18 months without insurance. My loan is not FNMA or FREDDY MAC so I do not fall in that circle of support, my loan is held by a service company for a hedge fund. I am losing my home, my faith in the system, I have lost everything as my retirment was my house and the equity is gone, I owe 550k and the house is lucky if it worth 300k. Thanks the the present state of the economy and the people who took/take our money and never look back. I have just been served my foreclosure notice, which is just killing me. I have been working with the lender/servicer and they just seem to be dragging their end of the process. I had submitted a letter back last April and never heard anything then once the Governments no-Foreclosure period was over I heardd from them and was asked to submit a package, consisting of a hardship letter, financials, paystubs, tax returns and supporting documents. I then received a letter from a lawyer stating that they have been retained by Lender/Servicer to begin the process of collecting the debt (this was last week). I contacted the leder/servicer who said that they needed some additional documents, IE updated paystubs letter from doctor stating I was in hospital for over 18 months and they (lender/servicer) were continuing with the foreclosure.

Now how is anyone suppose to feel comfortable with the pressure of foreclosure hanging over them while they are pushing to go forward with the foreclosure. All the while the lender/servicer is telling me that it looks good for the modification so I move forward and rent out a room, to help with income, sell some of my stuff to get money ready to go forward.

I think that if the state approves a moritorium on foreclosures it will put some leverage back into the peoples hands that are working with the banks/lender/servicers as right now they have us running around and have no intention of doing a modification.

I have been in my house for over 15 years, I am in a wheelchair and have worked hard all my life to lose everything because the lender/servicers is still being greedy and I was hospitalized for 18 months without insurance. My loan is not FNMA or FREDDY MAC so I do not fall in that circle of support, my loan is held by a service company for a hedge fund.

I am losing my home, my faith in the system, I have lost everything as my retirment was my house and the equity is gone, I owe 550k and the house is lucky if it worth 300k. Thanks the the present state of the economy and the people who took/take our money and never look back.

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