Comments on: Facing Foreclosure Today Has Its Advantages

By: Illinois home owner

Illinois home owner — Wed, 19 Aug 2009 02:59:11 +0000

Same story here. Wells Fargo lost my loan modification request 3 times.
I was laid off from Citi in Feb and my husband had to file bankruocy due to the failure of his business. I agree, until Congress puts legislation in place that forces the banks and lenders to use our tax dollars to help us not just help themselves, I do not think that a thing will change. Banks are in business to make money, they do not give a damn about us. They took the Billions and used them for there own benefit. They are steeling our future with a smile and acting like they care.

By: homeowner

homeowner — Fri, 07 Aug 2009 03:28:55 +0000

no help here in r.i. either!! bank won’t budge.. have been ontime until now wo being late. now unemployed and there’s no help to be found! must make all this talk into laws otherwise there willbe many more waves of foreclosure to come!

By: P. Jones

P. Jones — Tue, 14 Apr 2009 01:33:57 +0000

I have been trying for 16 months to get my lender, CalHFA to work with me and modify my loan, to no avail. (I was CURRENT until 12/08!).They have been telling my attorney that they are “working on something” to help homeowners. My property went before the foreclosure committee on 3/30/09. I am waiting to hear the news. I have my attorney, my mortgage insurer and NACA trying to get some movement from them with no results. CalHFA WANTS my house…I think they are getting into the Real Estate market. What I can’t understand tho, is why they want someone else’s short sale, when I could easily pay them the same amount??

By: Patrick Schneider

Patrick Schneider — Tue, 27 Jan 2009 22:08:24 +0000

I am facing forclusre also. My lender Wachovia/Wells Fargo has no good programs that are of any help. Basicly a refinance I would not qualify for being unemployed and now cedit rating is gone.
The goverment nees to help the people and make sure the banks do what they are told to do and not taking the monry to bail themselves out.
No help for me here is Southern California.

By: David Nyquist

David Nyquist — Sun, 25 Jan 2009 00:29:10 +0000

No, sorry, just not so. I’m facing forclousre
and my bank could basically give a damn.( Wells Fargo) My lawyer has been strugling for
months and months with little or no help.Here’s
the bottom line. Until this new administration mandates some new programs into LAW, banks dont
and wont give a damn.