Chase Bank, US Bank, Bank of America, Wells Fargo Loan Modification Process & Applications Explained

Chase Bank, US Bank, Bank of America, Wells Fargo Loan Modification Process & Applications Explained by Sam Suznevich & Ryan Hills of Sumner Home Mortgage, an Affiliate of Seattle Bank.

Category:

Howto & Style

Tags:

• Chase Bank Loan Modification
• US Bank loan modification
• Wells Fargo loan modification
• Loan Modification
• Loan Modification Process
• Loan Modification Applications

[psychologicalc]

I deal with people everyday who r behind and get put on trial period payments that don't even get applied to your balance, and the bank can foreclose while your on a trial period. Stop lying to people u guys are full of crap! If you took out a loan between 99 and 2009 go get a title search securitization audit or forensic audit done to uncover the fraud cuz nearly 85% of those loans are fraud

[psychologicalc]

Mortgage*

[psychologicalc]

Yo these two should be hanged of course banks are in business to foreclose they make money almost 20 different times especially if your mortars was resold. Wow you two are full of shit oh yeah right lol banks are helping people get modifications thats why we have a crisis where people r losing they're homes!

[rewire69]

the ultimate protection is to prove the fact that the bank does not even have possession of the deed and note.And as far as the note.They need to show the original wet ink contract and not a copy of it.And they cant show it due to it being securitized.So that will stop foreclosure and dont file bankruptcy or do a loan modifications at all.A loan mod, will set you into more trouble then its worth.miss one payment and it will tast track you into foreclosure.

[Auschwitz2012]

You jews are SNAKES IN THE GRASS

[doctorw2]

the banks can burn down and fold for all i care, all of their ceos need to burn in hell!

[MrDThorn]

IF YOU ARE CURRENT ON YOUR MORTGAGE DONOT I REPEAT DONOT ACCEPT THE HAMP / MAKING HOMES AFFORDABLE / OBAMA PLAN. YOU WILL PAY A LOWER PAYMENT FOR 3 TO 10 MONTHS ON TIME AND THEY WILL DECLINE YOU AND YOU WILL OWE THE DIFFERENCE ( BETWEEN THE LOWER PAYMENT AND YOUR REGULAR PAYMENT FOR EVERY MONTH YOU ARE ON THE PROGRAM) AND THEY WILL FORECLOSE ON YOU IF YOU DONOT PAY IT

[luv2clrndraw]

I went through a lot of back and forth and the all too familiar lost paperwork before finally getting the loan modification. When we finally recieved the modification they only took $100 off our monthly payment!! How is that supposed to help? My husband and I have faithfully paid our loan payments for the last ten years before my husband lost his job twice in two years. We went through all of our retirement money to keep the morgage current. We needed a little more help than $100 dollars off!!

[LGLG69]

It's incredibly sad how uninterested these banks are in trying to help out the distressed homeowners. They say "We don't want your home"...help people out then and give them loan mods that are affordable.

[oc1285]

People are fighting desperately for their homes and the banks are literally playing with them and not even trying to hide that fact.

Chase is one of the worst. Employees of Chase openly admitted that they are told to give applicants the run-around. The number of people who get mods is staggeringly low.

Recently, there was a piece in the news saying close to 50% of the people trying to get into the program drop out. Do you think that they suddenly lost interest in trying to keep their homes?