Direct payday loan lenders no brokers
Right now I have a Validation of Debt letter that Bofa has given an initial response to that deals with that issue and they claim they are investigating it further, in other words they are seeing what they can safely say in response without committing themselves and their litigation department down the line.
Thanks to everyone here who gave advise, and let me know I was not alone in this nightmare. This forum really is valuable for those of us going through this. Keep educating yourself loans in minutes about the legal issues involved and what your rights are. Make a back up plan, actually make a few with numbered steps. As good as it feels interest free loan getting hopeful news it feels even worse proportionally getting bad news and then panic or a sort of paralysis sets in just when you need to be clear headed to fight back. Being prepared really helps and there are many things that can be done to stop a foreclosure no matter what the bank tells you.
Our home was new when we allegedly bought it (haha) and I have found the original loan number that countrywide gave us when they began servicing the note in 2002. Then for some reason, we got another loan number from them and that is the direct payday loan lenders no brokers number that BOA is using currently. I want to find out whether the original loan number was securitized prior to the change in loan numbers to the current one. The reason I believe it was is because when I go to the MERS site and put in the property address, the only thing that comes up is the current loan number with BOA as the servicer and BONY as the investor. When I go to the SEC website and put the info in and find our current loan number it only goes back to Aug 2003 but we purchased direct payday loan lenders no brokers the property in FEB 2002 with CH MORTGAGE (they sold it to CW a couple of months later to-CW) as the originator and countrywide as the investor.... Sounds like you and I are very similar trails, Midsouth. I was wondering why your loan trust was a different number than your origination date. This opens up another interesting can of worms in that the bank never loaned the money and was only lending its name to the transaction.
A thread discussing that is But back to the trusts, like you I suspect my loan was in another trust initially, corresponding 2001 origination date.
Any pointers you have on navigating the Secinfo site i. You said quick loans reviews When I go to the SEC website and put the info in and find our current number, could you elaborate? Ultimately I keep hoping to run across some way or someone who knows how to track the money down and can show insurance money that was paid to the trusts to cover defaulted loans or tax credits given.
Well, the problem that i am having is that i originally found that the investor for the current loan number is BONY-M by free online bank looking at MERS. When I first went to MERS in Jan 2012, there was an inactive file and and active file for the property address.
Anyhow, when you go to the SEC site, do a search for companies.
For isntance, the trust my loan number is in is called CWABS 2003-4... Save those and then go and start clicking on all of the filings for your trust. Hey, I mistyped in a prior post---i found the loan number listing on the BONY website and not on the SEC sorry about that! Since 2007, the LoanSafe micro loans forums have helped 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. I have not received any correspondence from BOA in connection with my HAMP request, other than at the very beginning. I did receive (in my monthly statement) an escrow account review yesterday. If you recall when I first started this thread, that there was an 8K overage in the escrow? Well apparently, they have placed those funds in some other account and when it is time to pay the taxes ( last November, December) magically, some money was payed into the escrow account to pay the taxes. It is bothersome that BOA has moved the overage from the escrow account and put it some place else, only to put some back into escrow for paying taxes. I posted this over on Bagels at a Bar Mitzvah but I wanted to be sure you saw it. I sent a QWR awhile back asking for an account history and was going over it came upon something very questionable having to do, presumably, with CWABS. Years ago, I filed Chapter 13 to prevent Countrywide foreclosing and paid it off in a five year plan. Immediately afterwards all 24 were taken out as investor reversal. The only explanation for the paper game seems to me to be this: While in a BK a mortgage is in default as the arrears are repaid in increments. A loan in default is not a qualifying mortgage to be placed in a REMIC. My guess is that in the brief period before reversal when I appeared to current they placed my loan in the pool. This sort of thing would provide an explanation for the loans you saw that were current and then became more than 30 utah payday loans days.
I posted this over on Bagels at a Bar Mitzvah but I wanted to be sure you saw it. I sent a QWR awhile back asking for an account history and was going over it came upon something very questionable having to do, presumably, with CWABS.
Immediately afterwards all 24 were taken out as investor reversal. The only explanation for the paper game seems to me to be this: While in a BK a mortgage is in default as the arrears are repaid in increments. A loan in default is not a qualifying mortgage to be placed in a REMIC. My guess is that in the brief period before reversal when I appeared to current they placed my loan in the pool. This sort of thing would provide an explanation for the loans you saw that were current and then became more than 30 days. As a matter of fact, one of the BOA reps told me May 2011 that they had not received a payment from the BK trustee for 3 months prior to May 2011. Of course, this was the first I had heard about it. I did not realize that the BK trustee was paying all of the creditors a little at a time. So, it appears from your investigation that CW was check kiting. However, it was too late for the trust to complain.. She said that my file is still in underwriting (44 days as of yesterday). I asked her about the time frame she gave me of 30-45 dys and she said... I then asked her if there could be a certain day and time for us to chat weekly--at her choosing of course (given the fact it is her job to be on the phone all day) and she said no. Well, she said to keep up the calling and I said okay and the last thing I asked her was if she checked my account on her own or does my calling actually prompt her review and she said she does not look at the account unless i call.
She said that I will receive the letter in the mail and she may not even know that underwriting as finished. Well, TODAY, I come home to find the elusive fed-ex package on my doorstep! I have felt kinda slighted with everyone instant approval loans for bad credit else getting fed-ex packages and I never have. But lo and behold, it was a little letter from my very own Account Manager, dated yesterday just with some info on the 3 possibilities coming my way (approval, denial, direct payday loan lenders no brokers or other options). Ideally, it should have been sent within 30 days of receiving the letter when BNY took over but ask your attorney about that and what safeguards there are to protect your rights as a senior. In my school it was taught as a second language, no English was the second language and a distant one at that. Sometimes I slip them in a drawer out of sight while I build up the nerve to open poor credit loans them. Last time I checked check kiting was somewhat frowned upon. And if so how and upon whom would the leverage be applied? Bofa, BNY, the attorneys at The poker player approach would be to complain that two years payments had been taken out of my account under the assumption that they would be loath to explain why they put it there in the first place.
Still, Midsouth, I had a feeling that having a former prosecutor on our team would come in handy. The poker player approach would be to complain that two years payments had been taken out of my account under the direct payday loan lenders no brokers assumption that they would be loath to explain why they put it there in the first place. Of course the IRS might be interested in a windfall…. Then again this is all supposition on my part and not to mention, these guys can get away with anything. Still, Midsouth, I had a feeling that having personal loans for bad credit in ohio a former prosecutor on our team would come in handy. LOL Well, given the amount of money involved, it would certainly be a felony.
However, the DA in your state or the Fed (most likely) would have to file charges.
However, who would be the party to have standing to complain if the Feds or DA do not prosecute? So, the issue then becomes whether you have standing to complain.
Small inroads are being made, and I would suggest to focus on bankruptcy (federal) cases. It is my thought that those are the cases that will ultimately start to open up this huge can of worms. However, each homeowner is going to probably only go as far as it suits their individual needs, which is understandable. Legally, the one small piece at a time is how attys prove their cases. So case law is important as it is developing very quickly. Not one case is going to help anyone person, other than the person involved in the case, but you start linking case to case which can become precedent (Law) and that is how one person helps the other and so on down the road. Like Freedomwon for the past nine months, me for seven but while living month to month sending demand letters and watching the Recontrust calendar to see if the sale will be rescheduled beats homelessness it is not a long term solution. Like Jeffrey Shurtliff was saying recently the way to fight illegal foreclosures in a nonjudicial state is to enforce your rights nonjudicially. And that may require thinking outside the envelope and some thinking on your feet.