Loans, Debt & Credit - View Single Post - Notice of Forclosure while on forbearance?

gares1 · 08-17-2009, 07:14 AM

I have worked out a forbearance agreement with Chase, which will then be looked at for modification. I have an FHA Loan,My first payment is due on Aug 28, Yet I keep getting these notices from Chase. The lastest notice was a Forclosure notice saying the ownership of my property will be transferred to Chase in 60-90 days and then trasferred to HUD. There is an approximate sale date on the letter also of 10/07. I called Chase and they keep telling me there is no Forclosure activity on my account and the letter is system generated because the system sees I am past due. Is this true? do any of you still get collections letters? This was not sent by an attorney's off ice it's just on chase letterhead. I am stressing out and don't need to be as I am pregnant. I'm just wondering is there somewhere I can check to make sure this is not going to happen? like my county records? or do I just keep making my payments?

08-17-2009, 07:14 AM	#1 (permalink)
gares1 Member Join Date: Aug 2009 Posts: 6 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Notice of Forclosure while on forbearance? I have worked out a forbearance agreement with Chase, which will then be looked at for modification. I have an FHA Loan,My first payment is due on Aug 28, Yet I keep getting these notices from Chase. The lastest notice was a Forclosure notice saying the ownership of my property will be transferred to Chase in 60-90 days and then trasferred to HUD. There is an approximate sale date on the letter also of 10/07. I called Chase and they keep telling me there is no Forclosure activity on my account and the letter is system generated because the system sees I am past due. Is this true? do any of you still get collections letters? This was not sent by an attorney's off ice it's just on chase letterhead. I am stressing out and don't need to be as I am pregnant. I'm just wondering is there somewhere I can check to make sure this is not going to happen? like my county records? or do I just keep making my payments?