Loans, Debt & Credit - View Single Post

MrBillyd · 10-26-2009, 09:36 PM

I just looked at the e-mail from Provident.ffice

ffice" />>>
They state that Freddie Mac's policy is you take YTD from the pay stub and calculate the Monthly Gross. Then compare it to the current situation and take the highest Gross. This is insane.>>
If you have a lost income hardship, you would take the current situation. Or Past 90 days.>>
What is my recourse for a servicer bending me over?>>
I know the HAMP outline would not have them use the highest Gross. >>
Anyone with a bean of since would use a 90 day average, for finding your current situation.>>
But >Does anyone have a suggestion of how to deal with a servicer that doesn’t interpret HAMP correctly?>>
Bill>>

10-26-2009, 09:36 PM	#5 (permalink)
MrBillyd Junior Member Join Date: Oct 2009 Posts: 4 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Provident Funding Denied I just looked at the e-mail from Provident.fficeffice" />>> They state that Freddie Mac's policy is you take YTD from the pay stub and calculate the Monthly Gross. Then compare it to the current situation and take the highest Gross. This is insane.>> If you have a lost income hardship, you would take the current situation. Or Past 90 days.>> What is my recourse for a servicer bending me over?>> I know the HAMP outline would not have them use the highest Gross. >> Anyone with a bean of since would use a 90 day average, for finding your current situation.>> But >Does anyone have a suggestion of how to deal with a servicer that doesn’t interpret HAMP correctly?>> Bill>>