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Medora · 08-04-2009, 11:37 PM

Hi
DTI 50%, decent income, 11 mos. behind.
Been trying to work w/ new servicer BofA, applied in April for mod on 1st, got pre-qualified, then denied due to wrong # for income entered.
Started over, kept getting denied in PREQUAL for no apparent reason.
FINALLY one rep realized my file had "erroneous codes" leftover. She got me pre-qualified for putting arrears onto principal, we agreed, I sent in good faith payment.

Loan Mod "cancelled" 7/22 due to "lack of response"--the day they got my payment! I must have lost their messages in the cascade of dunning? I called today 8/4 and was shocked I was cancelled. Then I couldn't pre qual to start over again--no reason, #s the same. Supervisor NOT helpful, said to pay all arrears or sell the house!

I WANT TO START MAKING PAYMENTS, I can show income to do it, this doesn't make sense!! Advice desperately sought!
Thanks.

08-04-2009, 11:37 PM	#1 (permalink)
Medora Senior Member Join Date: Jul 2008 Location: California Posts: 50 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	BofA says too in arrears to Mod? Help! Hi DTI 50%, decent income, 11 mos. behind. Been trying to work w/ new servicer BofA, applied in April for mod on 1st, got pre-qualified, then denied due to wrong # for income entered. Started over, kept getting denied in PREQUAL for no apparent reason. FINALLY one rep realized my file had "erroneous codes" leftover. She got me pre-qualified for putting arrears onto principal, we agreed, I sent in good faith payment. Loan Mod "cancelled" 7/22 due to "lack of response"--the day they got my payment! I must have lost their messages in the cascade of dunning? I called today 8/4 and was shocked I was cancelled. Then I couldn't pre qual to start over again--no reason, #s the same. Supervisor NOT helpful, said to pay all arrears or sell the house! I WANT TO START MAKING PAYMENTS, I can show income to do it, this doesn't make sense!! Advice desperately sought! Thanks.