WAITING STILL..... for B OF A to make a dicision

Two phone calls to Andre last week, one on Thursday and one on Friday get no results other then he was able to get the sale date extended again. I am told to call him for updates rather then Bank Of America directly. I must admit I prefer that as I am hoping Andre being the professional would give me some leverage being a HUD approved Counselor. Bank Of America should know that Andre has run the numbers and estimate value on my home and will see I am a good candidate for the HAMP.
With hearing from my nephew that there is talk of another financial bail out! Which the though alone makes me sick to my stomach. You can not help but think the reason so many banks are losing money and failing is because they hold thousands of mortgages that they will not accept the payment on since the homeowners are in forclosure. These financial institutions are not modifying or helping homeowners in a timely manner and it seems are waiting to get every dollar they can out of the property. Which of coarse is increasing the interest for the homeowner and placing the homeowner at a higher risk of losing their home. While these banks are getting no flow of income from all of these homes they have the nerve to ask for a bailout! Aren't they suppose to be bailing out so to speak the homeowners? I know common sense tells me that if the banks accept a lower payment from the homeowners then they cannot come back to the home owner and ask for a higher payment. But that would surely stimulate the economy better then our current government "stimulant" plan! And the reality is why should these institutions be allowed to hold mortgages and not have a government review process that can assure they are doing their best to assist all homeowners? Why is it that inside these banks the system of modifying or refinancing is so convoluted that some homeowners end up speaking to so many different people and departments that they get confused and discouraged. Where is the standard. Where is the quality control? Who is holiding thes banks accountable? Isn't that our governments job? What can we do to fix our government and take this problem back and enforce simple quality controls? And why did our government not do this and not foresee this? From what I have heard Allen Greenspan did warn our government in time for this whole mortgage process to be reviewed and thousands upon thousands of homes could have been saved!
Here's a thought, is it possible to sue our government for due process? After all we elect our government and the intent is that policies and procedures are to be put in place to protect the people Not the corporations over the people. Any thoughts on that?

More Waiting As My File Gets Shuffled Around

I speak to Andre today and am told he was just noting my file. He said that he spoke to the Rep. at Bank Of America and was told my file is being asigned to "the right person" and that there should be follow up contact by either Thursday or Friday. I ask if this is typical and should I have anything to worry about? Andre assures me not to worry that this is not uncommon.I am also told that he requested an extention of the sale date 8/30. I am so tired of feeling the weight of stress. I say thank you and try to go back to my day. It is not a wonder why more people have not had heart attacks from the stress alone. Still I figure no news is good news right? At least that is what I am praying for. The reality is what kind of life can one have when their afraid to spend on anything other then the absolute essentials? Any other kind of spending comes with guilt and regret since the not knowing leaves no room for enjoyment or indulgence. I'm not saying that I want to go out and spend money on things I don't need. I don't have that problem. But I do have a hard time keeping what little savings I am able to manage to save in the bank. Like this past week. My water heater broke so there goes several hundred dollars. And you can't even be sure you get to keep the house your putting money into! You can't take any chances this modification could go on for several more months so you do what you have to and replace it. Then the tags for the vehical that gets you to work and back are due. Yes it's a few hundred more. And before you know it your back down to $40 bucks in the bank. And up goes the stress as your diminished savings was at least a little comfort. Now there is no comfort. If I had my mortgage to pay at least I would be comforted knowing my mortgage is paid and I could borrow to cover the rest. But at this rate nope not a chance.

Can Someone Sell Me On Meg Whitman?

I will admit I have not really applied myself to following Meg Whitman's stand on things. I do know that I have a feeling of concern when thinking of this woman who is a Billionaire and could certainly make a difference in America in many other ways why does she want to be Governor?I get the same feeling on Meg as I do with Obama. I had no trust in Obama, there were too many questions un answered and too many holes in his political career. With him I knew there was another agenda! And so far I feel I was correct and we have not seen the worst yet of Obamas storm. Of coarse I am American and believe in Democracy and support our President as best I can. I am saddened in my belief that it is the wrong leadership and we will have to do some serious changes in the upcoming elections.
Meg Whitman has done wonders for EBay. OK I get that, Many questions about her handling of porn have gone un answered. Why? why not just give us an honest answer? Why is Meg continuing to skirt around answers? Avoidance is where the gray area is and the gray area has dangerous plastered all over it. I would like to hear others take on Meg Whitman. Anyone? Anyone at all... I received an email this morning where a man was commenting how Castro never once mentioned he was communist, never saying he wanted to own and control the people....
America take note.

No Answer From Bank Of America

So far I have not had any of my phone calls to Bank Of America returned. This is unacceptable that a company making such a life changing decision on my families lives does not even return a telephone call with an update.
Phone calls from Andre at The Sacramento Urban League also have not been returned yet. Like most of America I am racked with stress and anxiety not knowing what will happen to my family if I am not approved. Knowing that I certainly can afford the payment which was suggested by Andre my HUD Counselor per his number crunching does not ease any of my concern. As I have learned dealing with Mortgage Companies their desicions do not always make sense and there is no one to question those decisions.

Still No Call From Bank Of America

The person assigned to review my account is Colby who has not returned any of my call's or Andre's. I am frustrated and left wondering why. Back in the day, when I was actually getting home buyers approved for home loans. You could get them easily approved when running their information through an online underwriting program. With this online approval you could get the Banks Underwriter to just review all the financials submitted and get fast tracked to drawing loan docs as the approval ment the loan fit into either Fannie Mae or Freddie Mac guidelines. So I am left wondering why this is taking so long. It is or should be essentially the same. My financial information has been run through the "program" before submission. Being submitted by a HUD approved counseling center should tell the reviewer essentially that the couseling center has reviewed the homeowner's information and feels the homeowner would fit into a HAMP modification. Obama are you reading this!? Who really is monitoring these Coporate Institutions? Clearly it is NOT our Government.

Still no word from Bank Of America

I am trying my best to keep the positive thoughts in the forefront. Still no word from Andre my HUD counselor. He has left a message one yesterday and again this morning for a follow up inquiry on my account with Craig at B of A. But he has not had a return phone call as of yet. Andre assures me my constant contact with him is invited as he is glad to have me be a constant participant in trying to get my account settled with the Bank. I am so thankful I have someone I feel I can trust to give me straight forward honest answers. I will try not to obsess about it today. The stress can not be good for my heart...