[michaela54]

Todays date 12/29/2008 Spent over an hour on the phone with an Indymac Bank rep from the Loan Resolution Dept. I have been told my house is in advanced foreclosure. The only way out iswith a Balloon repayment plan. According to Chuck the investroe the service the loan for does not offer any loan modifications. When the payment plan is all said and done June 2009 I will have forked over close to sixteen thousand dollars in five months. Where is the help in that. By June my final payment will be smaller and in July I will be back to my original sixteen hundred a month payment. What I do not understands is why if my arrears is only five thousand dollars why I they taking so much money every month. This is Indy Now the the other issue is there any way to find out if they are being honest with me about the investestor that they are servicing for who that is and why no loan mods. I am upside down by about thirty five thousand dollars. The neighborhood is filled with foreclosures depressing my property values. Help anyone...any answers will be appreciated.