exteneded forclosure sale date AGAIN.

Andre was able to get Rodney too extend the sale date out 30 days. Something in over a year I was able to do only once. I thought it was sheer luck and for homeowners it is. But I am almost positive this extension of 30 days was stricly due to a HUD councelors request. I was told by my counselor Andre that Rodney at the HAMP directors office said he would call me the next day with the update that my sale date was extended. I have yet to recieve a call from Rodney. Andre was able to look up the sale date on the trustees website and saw that it was extended. To my relief I still have negotiating time. It is clear the system is not a system at all there is no clear structure as to the flow of a review process for any program within the banking instition. I felt the same when I was dealing with Wilshire even though at least at Wilshire they were able to offer me a temporary payment plan. Andre reviewed the paperwork on that original offer with Wilshire and informed me it was not a change in my original loan and while paying the lower payment penalties and unpaid amounts would be added onto my loan amount. So I guess it really was not an affordable plan after all as I would have still had to pay the taxes and insurance seperately too. Today I recieved a letter from Bank Of America. It is an offer for reinstatement of my original loan. You know the one that has no impounds... It has a break down of all fees and costs added while I have been in forclosure as well as all past due mortgage payments etc. It comes to over $43,000 dollars. So the bank must be thinking I will run out and finagle some creative financing and possibly put myself in a worse financial situation so they can get their money and I can keep my home. This is absurd. The HAMP program was ment so I thought to protect families like myself. I have a good career, the economy side tracked my finances and the housing market turned my loan upside down... So why is it NOT helping the thousands of families like me? I will continue to pray for the thousands of families suffering the economy and mortgage mess created thank you by our fabulous leaders and corporate giants that love to feed their own self endulgence with the little peoples paychecks. I hope that you also like me get the help you deserve.

Get Mortgage Help With The Sacramento Urban League

Today I met with Andre at the Fair Oaks office and per the program calculations " I should qualify for the HAMP" (Home Affordability Mortgage Program) With his help, he was able to get a hold of someone to fax directly my documentation and requested a extended sale date as mine is up on 7/29 and I have not been able to extend it at the trustee's level. Andre contacted Robbie at "The Program Directors Office" Robbie gave a fax # to fax everything directly to him and said that he would contact me by tomorrow with an extended sale date once the packet was recieved and that he will asign someone to review my packet for the HAMP. Andre of coarse has to give me the disclaimer that this is not a guarantee and that if I am contacted first by Robbie to contact Andre with any inormation. I am left hopefull since Andre has had some success with getting HAMP approvals. But at the same time I know it's not done until it's done... Andre said all the numbers we went over will not be forwarded with the file as the program has set numbers and figures based on number of household members. But in the case of a denial he then can argue the numbers. That is what scares me. What seems a cut and dry case to both he and I, can be misconstrude my another set of eyes. I keep praying and hoping for the right outcome.

Obama's response to my email, not helpful.

The White House - Presidential Correspondence to me
show details Jul 23 (2 days ago)


Dear XXXXX XXXXX:

Thank you for writing. I have heard from Americans who
are unemployed, burdened by high medical bills, having difficulty
paying their mortgage, or dealing with the loss of their home, and I
understand the daunting challenges they face.

Today, even as our economy recovers, many individuals
and families are still struggling to stay in their homes. As part of
my Administration's comprehensive plan to stabilize the housing
market, the Making Home Affordable Program is helping
responsible families avoid foreclosure by making payments more
affordable and sustainable. While many Americans have received
help, far too many still cannot refinance their mortgages or obtain
loan modifications. We have made significant improvements to
our plan, and I encourage you to learn more by visiting the Making
Home Affordable website.

Along with these changes, we have strengthened the
program with a simpler, faster application process so borrowers
can modify their payments and avoid foreclosure. For Americans
whose homes have lost value, my Administration's plan improves
refinancing opportunities. We are also requiring more
accountability and transparency from participating mortgage
servicers, and have published servicers' monthly progress reports.
I will continue to meet with my economic advisors every day to
make sure we are doing all we can to get Americans the help they
need.

For assistance with a home foreclosure or to find a local
housing counselor, I encourage you to call your mortgage servicer
directly, speak with a housing specialist at 1-888-995-HOPE, or
contact the Department of Housing and Urban Development at 1-
800-569-4287. You can also visit www.hud.gov/foreclosure or
www.MakingHomeAffordable.gov. If you have lost your home
and are looking for housing assistance please visit www.HUD.gov.
Information on jobs, health benefits, and other public resources
available to those in need can be found by calling 1-800-FEDINFO
or visiting: www.usa.gov.

The road ahead is difficult, but as we recover from this
crisis, we can once again secure the American Dream for ourselves
and future generations.


Sincerely,

Barack Obama


To be a part of our agenda for change, join us at www.WhiteHouse.gov


Please people vote for a new President at the next elections. Someone we have a clear understanding of what he stands for and where he came from. Maybe we can get help from the next President and fix the damage from this one...

The Home Affordable Program is not designed to help homeowners.

My neighbor referred me to Andre She said he is helping her with trying to get a mortgage loan modification and is happy with his help. I spoke with Andre yesterday. Even though the office was closed Andre was willing to speak with me and we set an appointment for Monday. Andre explained how the "HAMP" Home Affordability Mortgage Program works I was told that often homeowners income is calculated higher than it actualy is with the program and also that having equity in the home can backfire. I was told the HAMP is designed to tell the investor if it would be financially a sound descision to modify a loan or foreclose on a loan. I was left speechless and Andre agreed with my shock and feeling as the HAMP calculating guidelines will shut many homeowners out and force them to lose their homes. This cookie cutter program is only black and white. As we all know that just does not work for us as individuals nor will it work for our nation. I am thankful to Andre who through his calculations and listening and talking to me does think I may fit into the HAMP. It appears as though the Bank has not considered what my actual mortgage payment emcompassed and that alone could not qualify me for the HAMP program.
It is just not making sense that the calculations show a higher income and then your mortgage payment must be above 31% to qualify. It is in my opinion fraud, using false informtion to make a life changing descision. In my case the monthy income calculated for me was so high that if it were my income I would not be having any problems with my mortgage in the first place and my financial situation would be great! So essentually they bump up the income and if your current mortgage is already below 31% you do not qualify. Sounds like your set up to fail. No consideration was given to my deductions at all it is vased on gross. I am already thinking how can I help others, what can ve done?

Contacting HUD for help!

With almost every phone call to Bank OF America I have been given the HUD "Housing and Urban Development" telephone number. In the beginning of my many phone calls it sounded like Bank Of America was interested in helping me with an affordable modification of my home loan. I questioned a few BOA reps "how will the HUD counselors help?, will they do more then I am doing directly with you Bank OF America?" I was told no. So I felt working directly with BOA would and should get me results as I have been through a modification once before when I left the real estate industry and returned to my past career of Nursing. I was able to negotiate directly with my lender and given an affordable modification. But with the loss of my state job I ended up in the same financial situation and it took me much longer to get back on my feet. But since I have a strong career and ultimately returned to the company I was at when I bought my home over ten years ago. I thought that would be in my favor... Well no one is looking at "history" and with the run around and having to start all over three times with Bank Of America I have called the HUD line which was ultimately useless. The HUD number I was given asks for your zip code to direct you to the nearest HUD certified Counseling office. The computer system could not find a match and essentially was no help at all. A look online gave me the nearest office. I have an appointment for 8/4/10 I want to meet in person. I was offered counseling over the phone but declined. That just feels too impersonal and my home is very personal to me. How can they counsel someone without seeing verified documents of income and debt.? I don't understand that system. I was told the counseling is free and the counselor and myself would have a three way telephone meeting with my mortgage company to try to come to a resolution. I pray this helps.

I also searched online for any open lawsuits against Bank Of America as the run around is unacceptable and something has to be done about it. I can not believe the hope I have been given only to be shocked by not qualifying.

I also sent an email to Mr. Obama about my personal experience with the company he BAILED OUT with our money. I asked for his opinion as what to do from here and questioned him about the thousands of families that did not receive help from Bank Of American and what are they to do? I told him " I do not see how any of this is helping our communities" I figure if he can answer a little girls email on her getting BULLIED at school. Then he certainly can answer my email on getting BULLIED by the banks he bailed out!

Still in Mortgage Hell with Bank Of America!

I haven't written in a while because it just became too depressing to think about. Oh yes I continued my weekly and sometimes bi weekly calls and I would always get the same information which is there is no "new news, your faxes have all been received and you are still in review for modification" I have been reminded each time of the HUD telephone number and that I am being reviewed for the Obama, Making Home Affordable Program. But today I call after being told on my last call that "it looks like they are getting ready to make you an offer in the MHA program by Zack" I am told I do not qualify for the modification! I am floored by this information and the tears start to well up. My heart starts to pound out of my chest I am thinking there has to be a mistake! I can pay what was originally offered and I stated this several times in my letters and telephone conversations. Who is making these decisions!? Their wrong!After going around a few times with the agent trying to make sense of what just happened. I am informed that I was initially in review #1 for an "in house B Of A" payment plan to bring my account current but did not qualify so that was canceled. #2 I was then automatically put in review for an "in house B of A loan modification which I also did not qualify for being they were trying to give me an interest rate of 2.0% but still did not qualify for and was canceled. #3 NOW and for the FIRST time I will be reviewed for Obama's Making Home Affordable Program." I am left speechless. All this time I have documented every call and with who I spoke and all have said I am being reviewed for the MHA Program. Now according to Bethany a new package was mailed on 7/21 I will need to complete everything with current debt and income information provide all supporting documents and sign everywhere and mail back asap. I am told every cancellation of one program starts new in another. Information is not shared between departments. I find this to be shocking as the departments should communicate if even to see how involved the homeowners have been trying to save their homes and provide all the information they can. How does any of this help the community?
So once all my information is received the process could take another 4 to 6 months. For all this time I could have been making payments towards my mortgage and saving interest added to my balance!
And I have to keep calling to extend my foreclosure sale date. I ask Bethany "if the company is reviewing me for another 4 to 6 months why not request a sale postponement till that time?" I am told "they can not, it can postpone anywhere from 2 weeks to indefinite." What ever happens happens essentially. So these people who work for the mortgage end of these banks are they MBA? Do they have years of experience understanding homeowners needs? I know for fact this is not the case. Just who is making this life decision for me and my family? Who is making this life decision for all of us? I know to qualify for the MHA program your mortgage payment can not be more then 31% of your gross income. I also know I should qualify for this easily. So I am terrified as to why I am not in a program.
I thought I would have been paying my mortgage by now and that Bank Of America would see I can afford some kind of payment on my home. Since I am getting the run around I am turning to my neighbor. My neighbor is in the same situation. Single mom, divorced and trying to save her home. She just two days ago told me of a reputable company working with her mortgage company to push efforts to resolving an affordable mortgage. I am going to get whatever help I can. This is not acceptable.