| Re: principal writedown, this system sucks Well, it was Homecomings, and you can tell by my name. Although, Homecomings doesn't suck too much anymore. It was owned by their private group, i believe it was residential lending somthing or other. It did not fall under the fannie mae or freddie mac, it was just something they did on their own. The loan guy say all of the planets were alligned, and it does not happen very often. I want to give everyone encourgement here, because this changed my life, and i wish the banks would use common sense for people. I only wanted to fix my loan for 30 years, i did not even have the screwed up hardships i know people are going through. This banks need to help people and stop dicking them around. I just saw on the news there is 700,000 forclosed properties in the US that are not even on the market. Good god, these banks need to work with people or this is going to become even worse. They were really tight lipped with this whole deal, it makes me wonder if there was somthing wrong with my original loan. I never could get contact info for anyone, i would call the main number and reference my loan and would get connected. After i sent my stuff, i did not hear anything for 2 months and gave up. Then i got a phone call that a notary was coming over to sign papers that night. Really screwed up system |