fha loans - Loan Modification Forum

snoop78 · 07-21-2009, 12:01 PM

well some more news to give spoke to an inside person at hud and they told me that the banks don't care it's hud that is going to take a lost not them so thats why they are not helping people. we don't have a fha loan with freddie man or fannie mae but we have one that is insured by chase so they may not give us any help at the end of the modification. I feel we are just paying them this forbearance money so they can get what they need then forclose anyway.

Moe Bedard · 07-21-2009, 03:41 PM

Sorry to hear this news. Hopefully that is not the case.

07-21-2009, 12:01 PM	#1 (permalink)
snoop78 Member Join Date: Mar 2009 Posts: 22 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	fha loans well some more news to give spoke to an inside person at hud and they told me that the banks don't care it's hud that is going to take a lost not them so thats why they are not helping people. we don't have a fha loan with freddie man or fannie mae but we have one that is insured by chase so they may not give us any help at the end of the modification. I feel we are just paying them this forbearance money so they can get what they need then forclose anyway.

07-21-2009, 03:41 PM	#2 (permalink)
Moe Bedard Founder Join Date: Aug 2007 Location: Southern California Posts: 16,887 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: fha loans Sorry to hear this news. Hopefully that is not the case. __________________ Moe Bedard Founder LoanSafe.org "America's #1 Home Loan Forum" LoanWorkout.org "America's # Loan Modification Blog" Get My FREE Loan Modification E-Book \| Please donate to LoanSafe.org \| Loan Modification Training For Attorneys \| Rate Your Mortgage Servicer The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.

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