Borrowing money online

Been working with CW since Dec 2007 on a shortsale. I am now three months behind on mortgage payments, waiting to see if CW will accept the current offer.

My negotiator is Dana Reyes, anyone worked with borrowing money online this person before? Since 2007, the LoanSafe forums have helped millions of homeowners over the last 13 years apply for payday loan either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. I am a Countrywide Loan - the deed says MERS is the lender. In 2010 I got a BofA modification that was affordable for me until 2015 - due to the recent death in my family, I can no longer pay the modification and decided to give it up and short sell. For the past month there has been a huge issue over my street address - my address is rural and the issue is about the original loan being called Hwy - but the true address being written as County Highway... I am so confused about what to do about this and whether I should sign these documents. I do not understand any of it but I am not getting return calls from reps at BofA or AMS. I tried hard to keep my home and pay the debt but it is impossible now. Best scenario would be approval of HAFA, I think but not even sure about that. Since 2007, the LoanSafe forums have helped getting a loan with bad credit millions of homeowners over the last 13 years either save their homes with a loan modification, obtain a short sale, forbearance, or walk away legally from their underwater mortgages. You will have NO feadback from them, nor any request from them to explain any discrepancies THEY may claim. A further frustrating fact: THEY WILL HAVE DINGED YOUR CREDIT, either reporting that payments were not made or that they are partial payments. A STREAMLINED application taken ONLY by PHONE to be followed by the borrower faxing them only a hardship letter. The very next contact from CW is by phone and indicates that you are getting a modification package. Other criteria is that your loan was issued from Jan 2003 to Dec 2007 and was 1) an ARM, 2) a Pay Option ARM or 3) a subprime first mortgage.

CountryWide NEVER provides a copy of the verbally-provided application borrowing money online information for you to verify THEIR entries of YOUR information. The LETTER accompanying the modification contract has a FOOTNOTE that states Your eligibility is based upon information you provided to us and may be subject to validation.

It is very interesting that this was claimed even on an application where NO changes of income occured AT ALL. The verbal application should then have been transcribed into a final application that the borrower could update or correct and then sign and included in the final package, as is done for an original mortgage application.

The only FAIR way to be verifying income for anyone self-employed would be to ask for a profit and loss statement or a copy of any contracts that provide monthly income or any other form of receipts the business has that show income.

They obviously wanted to just deny the mods, not allow any FAIR AND REASONABLE contact with the borrower to request any explanation.

I suspect there is even at least one standard for lending that was not adhered borrowing money online to with this practice. AGAIN NO SUCH EFFORT WAS MADE TO THOUSANDS OF BORROWERS WHO CW ENCOURAGED TO APPLY FOR THIS MODIFICATION CONTRACT. IF you are really unlucky with their game, your note is one they choose to transfer one month AFTER your contract was to take effect.

This is the very day your first modified payment is due.

It is becoming a growing trend now with other lenders also plus the tactic of reneging on the contracts is also showing up in the refusals by the lenders to sign the trial packages. Almost at the stage of the couple in the news article. I now know of a dozen cases where attorneys have been retained. People are contacting me via some other sites I have posted on. Note that the OH AG was one of the other states who basically went along with the stipulated settlement agreement that is filed in Los Angeles, as I understand it. I have a question-- since March I have been trying to do a loan modification easy money loans with B of A. I finally was offered , quite out of the blue after being told I was not elligible, a three month trial Home Affordable modification.

I have concerns regarding this trial period offer... I have a question-- since March I have been trying to do a loan modification with B of A. I finally was offered , quite out of the blue after being told I was not elligible, a three month trial Home Affordable modification. I have concerns regarding this trial period offer...

This is NOT a sure thing EITHER way, at this time, to my knowledge. Ok, with that said, if you qualify for a mod, BofA will normally tell you that you can not SPECIFY the program that you want them to offer you a mod under. I have even been told that if the servicer is signed up but refuses to allow a mod based on the INVESTOR, that Fannie Mae is to be contacted. I have yet to have contact from the contact point I was told to ask for within Fannie Mae. The MHA program seems to be rife with complaints of the trial period just being extended again and again AND reports of foreclosure sales occurring REGARDLESS of even borrowing money online taking payments beyond the 3-month trial period. We have a member who did not even receive any notice that the permanent mod had been denied and the house was sold without any contact with her.

There are no known standards for obtaining an actual PERMANENT mod under the MHA program, regardless of the details we see documenting the program. Look at the statistics of the number of PERMANENT mods under MHA. So then if you look to help from the federal level, you typically find that you are encouraged to start over with applying for the MHA program via a HUD-sponsored counseling agency such as HOPE and you will then be farmed out to people working for MMI, SpringBoard (bad reports there), or several others. When working directly with BofA, Bofa processes for MHA after checking thru all other programs from what I have gleaned. You will have to hire an attorney if you want to fight for the contract.

One question-- I thought while in the trial period they cannot foreclose on you or bring forth foreclosure procedures. I just got off the phone with so-cal-gal, she is sorry her account is not working.

She asked me to tell you that they are foreclosing on the AG settlement and MHA trials. Tell so-cal-gal that I appreciate her getting back to me.

This is ridiculous if B of A is not honoring AG settlements and MHA trials. It should not take months and months to offer an MHA and then still foreclose. I still will go ahead with the MHA they offered me, but need fast cash now I am concerned, to say the least. I just got off the phone with so-cal-gal, she is sorry her account is not working. She asked me to tell you that they are foreclosing on the AG settlement and MHA trials.

And with Moe resigning, we apparently do not have anyone looking at requests for help from the admins. If you check you will see that with the MHA, some borrowers have made extra payments only to find out that their house sold with no notice. With the AG agreement, regardless of statements in the settlement filed with the court AND regardless of the language in the contract I have signed, they are pushing for foreclosure. Mine is messier because they transfered the note to Litton rather than follow the requirements stated in the contract they gave me. Now Litton is dodging any attempt to modify, claiming the investor does not allow mods. Also Litton refuses to honor requests made under RESPA to honor the existing mod. It was offered and NEVER had any issue raised at all per the contract clause that required written notice to me an then 10 days to remedy. Any issue needed to be raised in a TIMELY manner and if none was issued, the contract was to be honored.

That means they should honor the contract per RESPA. I know there has fast payday borrowing money online loans direct lender been word in the media about insurance that can be collected that gives the note-holder payment of the face value of the note as long as they can force the note into foreclosure.


Loans for low credit

I am not certain but that is the only thing that really makes sense with my particular note. Otherwise, the step-rate agreement will make the investors very well-off with the 6.

WHERE is the note-holder going to get that type of income in the coming years?

INDEED, the value of online loan companies for bad credit the house is far less than the amount of the loan and NO PRINCIPAL is reduced in the modification.

Even the reduced interest rate is more than double the rate some people have been offered and is only reduced for 3 years, stepping back up to the original within that time frame. Taking a BEATING on the principal invested in the note AND ALSO not being able to get the deal of knowing that the income will even be INCREASING in the next few years? This is on a refi mortgage where I have a past history of maintaining the payments of the previous mortgage without fault for a long, long time.

They have many where they have taken payments for several months, and then contacted the borrower by phone to suddenly inform them that the mod was never implemented. The borrower now instant online cash loans needs to suddenly pay all the difference in payments in quickly or face forecloseure. Are there ANY of the AG Mods that were implemented? It seems that he has been a major force in this blog, an amazing and caring person.

Also, have you ever gone personally into one of the banks? They probably rather foreclose because that borrowing money online way they get money up front, right away.

It seems that he has been a major force in this blog, an amazing and caring person.

Also, have you ever gone personally into one of the banks? This is an easy case for an attorney who at least knows basic contract law. There area additional aspects of violations depending on the investor.

The BofA branches that I have been in do not even have any lending department. Even borrowing money online if you find one with a lending department, I can not believe that they do anything other than force you to use the phone system. The BofA bank locations are totally clueless about what is going on with their home loan department.

See if you do things face-to-face, something might get written down or you might have that pesky witness along with you. This way, it is all verbal other than the contracts like mine. Note that they tried to convince me and my attorney that the paper was only good for making into paper airplanes.