Comments on: Making Home Affordable Mortgage Refinance & Modification Program

By: Rob

Rob — Mon, 30 Jan 2012 19:31:28 +0000

I WAS approved in December after 6 months of faxing, Fed-ex, calling, passed around, no answers. The problem is, I am a truck driver and had not received the paperwork to sign and send back in time. So now, even though I have made payments on time, and can overnight the paperwork, they say it is too late and will not reconsider me. They tell me I do not qualify even though I was approved last month and my pay or expenses have not changed.

By: kittie

kittie — Wed, 04 Jan 2012 03:33:08 +0000

one more thing no one from the bank called me back but on the 20th the bank sent a other letter ot call them back in 20 days and on the 22, my sale date got a other letter call in 20 days can’t belive this.

By: kittie

kittie — Wed, 04 Jan 2012 03:29:52 +0000

I was in a program with makeing home afforabel and freddy mac and b of a and on the the 6th sent in all the paper work and on the 9th the bank said to call in 20 days, well in 9 days they sold my house, all the time the bank and MHA knew on the 19th and no one called me or e mail me, to let me know, that the bank said no and now my house is sold to a third party, so if you are thinking about this program think again you will loss your home don’t what to do now. i want to do some think but don’t know what to do, can any one help, we won’t even get any money to move we have been in this house for 30 years. sham on them.

By: twyla

twyla — Mon, 26 Dec 2011 05:23:28 +0000

Penny, I hope you have found some answers to your questions with Chase. I have fought with Chase since 2009. I have over 150 pages of communications documents with them. No success with them to this day. I had contacted an attorney who investigated it and said Chase has found multiple loop holes that have made it almost impossible at this time to do anything, until they make the move to decline us. We are blessed to still be in our home, but now we are way behind on payments. Extremely frustrated with them and would never recommend them to anyone. This is our dream home and thanks to the promises they failed to follow through with, we are in jeopardy of losing it and our almost perfect credit score has been ruined. If anyone has found success with this company I would love to hear how it was achieved.

By: Cathy

Cathy — Mon, 05 Dec 2011 15:25:42 +0000

Cat – which bank is doing this? that is awful. And the crooks wonder why people are saving their money under their mattress until they are thrown out? We live in a shack practiccally and owe almost 2000 a month. By the time we are done paying over 30 years we will have paid tripple the amount. its just not right the way it is set up for struggling Americans trying to live the American dream.

By: Cathy

Cathy — Mon, 05 Dec 2011 15:23:00 +0000

We have attempted mods before – this is our 2nd offical attempt = Im trying to be more hopeful in that now we actually are assigned to ONE person – Bank Of America appears to be sending their people all over the map to draw home owners who are behind in to get help. Dont trust them completely – in past they told us we were just about completed – then they took our whole tax return one year and was suppose to put all the late payments at end of loan – they didnt. This month makes us 7 months behind. Lady told me usually at 12 months they dont do load mods. One guy told me from BOA you have to be like 24 months behind before they throw you out. So my idea is for people who are getting the run around – live there and don’t pay and save up the money instead if they are gonna lie to you then put the money down on a home that is actually not going to leave you owe 300.000 for home that is only worth 1/2 of that cause of this economy. I think the bail outs are bs and Americans are being set up if they are not the elite ones!

By: cat

cat — Mon, 14 Nov 2011 00:02:34 +0000

I was approve for modification program, which it reduce my monthly mortgage payment $1000.00 less per month. At 2% per rate for 5 years and lock in at 5.25% rate for 35 years. after 5 years the interested rate goes up 1% per years till I reach the 5.25% rate.
After my 1 year 1/2 of payment. The mortgage co. told me that I was about 4 payment behind. I needed to pay the bank about $7,000.00. I was never late in those months. The bank told me if I do not pay the $7,000.00 they will start the foreclosure. I do not have the extra money to pay them. This is BS what the bank is doing. If I knew this was going to happen I would have never paid them. The bank are taking the money and are not to be trusted.

By: Dawn

Dawn — Fri, 11 Nov 2011 00:59:52 +0000

I have been dealing with this program for over a year. I got to see the modification but my husband signed on the wrong line and they denied me. Now they will start foreclosure procedure. They told me on the begining not to pay my mortgagee so now I owe to much in back pay.

By: jenn

jenn — Thu, 10 Nov 2011 03:32:13 +0000

I am about to write to them to i have been trying to get a loan mod for 2 years and i get the run around i dont know what to write to the occ i dont want it to be a drawn out letter could you give me an idea of what u wrote thanks

By: jenn

jenn — Thu, 10 Nov 2011 03:32:02 +0000

By: Allyson

Allyson — Tue, 08 Nov 2011 22:16:40 +0000

Penny,
I’ve been going through mod hell for over one year. Not approved for HAMP or in-house mod. Registered a complaint on-line with the OCC (Comptroller of Currency) and received a call from the Presidential Office of Wells Fargo and they are sending out yet another package for a mod through HAMP. The OCC has initiated a review of many of the biggest lenders actions in regard to their handling of these situations and will ultimately reward the borrower for injury. File your complaint with the OCC!

By: joe

joe — Mon, 24 Oct 2011 23:33:55 +0000

Home modification program is a scam.

By: Diana

Diana — Tue, 18 Oct 2011 20:25:05 +0000

I understand your frustration. This is our second time going through a mod on our home. This time we are in to the 6th month. Us like some of you we hired a credit counciling service. The first time we did the mod, we did it ourselves, what a nightmare that seem to never end. This time has been a bit less stressful, I had a call today, the proposal i believe will be disappointing be really high,like the first one. The paper will b here by friday. If this is good, I would love to give some info on this service. Im amazed at these stories I read are exactly our first mod experience. Good Luck to everyone.

By: Diana

Diana — Tue, 18 Oct 2011 20:24:58 +0000

By: penny

penny — Sat, 08 Oct 2011 07:17:32 +0000

We have provided EVERY DOCUMENT that “Chase” has has required for 4 months, and they do not believe we live in our home in Sacramento. We have provided utility bills,faxed documents from the Pip printing with Elk Grove across the fax paper,to Chase immediately when they ask for various documentation and faxed my husband’s medical paperwork about his condition and his dr’s appts in Calif and explained why I had to take a job in Hawaii with the state of Hi so I could get medical insurance to pay for my husband’s medical treatments, and my husband has to live in Calif to work at our day care business because he is 60 years old and one will hire him and our health care insurance would cost us 1,500.00 per month because I am 65 and he is 60 with a life threatening med condition. What is the most powerful administration agency we can write to immediately to register a complaint to stop the forclosure to occur 10/26? Please help