Loan Modification Forum - LoanSafe.org - View Single Post - HELP>>>Countrywide:Left hand doesn't know what the right is doing....

Shane · 11-24-2008, 10:55 PM

I did not realize it was what it was until today...but I know now...CW did file an action to foreclose against me...on August 20th...as I was starting the first attempt at the loan mod process with them!!! However based on what I read today on the above mentioned website(see below)...I think CW is in for it because they did neither!!!

13. Failure to comply with FHA pre-foreclosure requirements.

FHA requires every lender to mail a booklet called “How to Avoid Foreclosure” and set up a face-to-face meeting with the borrower before foreclosing (in most cases). If the lender does not take these steps, then it cannot foreclose.

Still doing the QWR and requesting all paperwork that has my signature, all mortgage paperwork and etc.

11-24-2008, 10:55 PM	#13 (permalink)
Shane Member Join Date: Nov 2008 Location: Hamburg, NY Posts: 8 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: HELP>>>Countrywide:Left hand doesn't know what the right is doing.... I did not realize it was what it was until today...but I know now...CW did file an action to foreclose against me...on August 20th...as I was starting the first attempt at the loan mod process with them!!! However based on what I read today on the above mentioned website(see below)...I think CW is in for it because they did neither!!! 13. Failure to comply with FHA pre-foreclosure requirements. FHA requires every lender to mail a booklet called “How to Avoid Foreclosure” and set up a face-to-face meeting with the borrower before foreclosing (in most cases). If the lender does not take these steps, then it cannot foreclose. Still doing the QWR and requesting all paperwork that has my signature, all mortgage paperwork and etc.