Just after your reply to me I've also emailed the CEO at Chase. Next week formal overnighted letters will Visit the CEO and OCC, with some cc emails for the media. I've already sent many emails online to unique media avenues.
Excellent news: Just a few days ago we gained a call that we have been assigned a HUD counselor to aid mediate the process.
I'd personally think that variety depending on my particular encounter in addition to being while in the trenches supporting Many others (I'm from the housing enterprise).
Appropriate me if I’m Improper, but In the event your financial loan is owned by FannieMae, your servicer will have to take part in HAMP and evaluate you dependant on FannieMae’s suggestions? IndyMac is passing the buck to FannieMae On the subject of our mod. critique that's been having Virtually eight months. They convey to me they get month to month updates from FannieMae and may read through them to me saying things like…”according to this month’s update, you won’t qualify based on the value of your property.” Exactly what does that necessarily mean…up coming month I would?
If you may brake a story such as this you'd become a superstar into the media overnight YOURURL.com along with assist a great quantity of individuals.
I'd hardly ever been late, and I were generating payments as I bought my lifestyle collectively, on and off. I wasn't in foreclosure, but late.
I agree with you that a huge flaw in HAMP was the lack of accountability. But, it had been also the government’s conclusion Never to drive financial institutions to comply as being a expression of obtaining TARP cash. So, they haven’t. It isn’t truly a large shock.
I are not able to say I agree with you on respecting the banking institutions endeavours. Their styles relative to see post mortgage mods are regressing toward rigorous decline mitigation and risk Evaluation means of old.
Housing advocates want not-for-gain organizations to possess a far better shot at profitable mortgages set up for auction.
From the months before a large credit rating downgrade of securities, there were quite a few inner emails circulated by Typical & Poors workforce warning which the housing sector could collapse.
You’re doing all the ideal factors. Hold Operating to escalate matters. Don’t let everyone let you know that your money circumstance isn’t “long-lasting” mainly because till you and your wife are employed, click now it truly is.
Hello, I just heard you Talking concerning this topic on the radio right here in Atlanta. Soon after examining most of these tales, I’m thinking if it’s worthwhile to do this plan.
Be sure to let me determine what occurs Once you send a letter to Jamie Dimon, CEO of Chase. I’ll be waiting to hear from you.
What could you do? Who took around your personal loan when IndyMac financial institution when out of business? You have to Get in touch with the CEO and Allow him determine what’s happening.