Loan Modification Hell

Sometimes loan modifications can be a real pain, others believe it is hell and is ran by Satan himself!Watch this video and decide for yourself...

Category:

Comedy

Tags:

• Moe
• Bedard
• LoanSafe
• loan
• modification
• Wells
• Fargo
• mortgage
• stop
• foreclosure
• debtors
• revolt

[unitedwestand1775]

Do NOT trust ANY loan modification company.

Also do not be fooled into believeing the bank will modify your loan. They probably won't. They pretend to modify the loan so you don't fight the foreclosure.

RESIST, FIGHT BACK, STAY IN YOUR HOME!

GET OFF YOUR KNEES AMERICA!

[STEEZhegot]

NACA IS THE WAY

[MikeTheGoldGuy]

im in gwinnett county ga , I modified my loan with wellsfargo , they made my payment $625 in stead of the $890 id been paying the last 8-9years...... after taking my 625 each month for 8months i got a forclosure leter from law firm,,,,,,,contacted WF and was told i was never approved for the modification and they simply said "ohhh yeah we took your $625 and every time there was enough to make a $890 payment we would make it for you" the crappy part is i touched base with them >> READ NEXT POST

[isu1232]

lean how to spend your money dbags... you clearly over extended yourslef with credit cards... tell your wife to get a job too..

[blaqvelvet1]

@MrDThorn You can accept the HAMP but DO NOT PAY the modification amount. You in fact will be past due in your acct. You need to make the regular payment until the Underwriter has made a decision. Never let the payments go past 60 days. Oh by the way loan modification WILL negatively impact your credit! The mortgage company is not responsible for making sure you have good credit. That is YOUR job. One more thing......While you are the process foreclosure is still a real possiblity.

[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

[MrDThorn]

please goto NACA they can help for free. THE BANKS ARE OVER WHELMED AND DO NOVE THE BUSINESS MODEL

[unitedwestand1775]

I watched your video and I really understand your frustration. If you want to make Bank of America pay for what they did to you, and thousands of others, you should watch this guy's video;

DEADLY BLOW ! TO Bank of America

You should contact this guy, he is really serious.

[MonikaLeeDidi]

I had issues with Bank of America also ... a fixed home loan, but the monthly payment continually increased ... it went up ~$125.00 per month in just the first year! The fees were crazy ... when I got behind, I called to make a payment at the end of the 3rd month - they refused to accept it. I eventually had to sell my house about $15k below market so that it would sell before the bank foreclosed --- and I had a job and had submitted all of my income paperwork, requesting a modification.

[mentalpudding]

Might as well add Aurora Home Loans and Bank of America to this list. I've had the same experience.