Made my 8th trial Payment...what to do now?

[antel]

Hi,

It's been a while since the last time I posted on this site. Nway, I made my 8th trial payment this Nov. and so scared how much longer I need to wait. I have a mod company doing it for me but still makes call to chase myself coz I don't think they call chase as much as I do. I spoke to exec resolution from Chase last week and he said that they're asking for my husband's 2 recent stubs which I sent so many times and received the "youe mod at risk" 3 times. Been 5 months behind before going into trial...now I don't even know what to expect. i've seen a lot of success stories after 6 or 7th but I feel mine is the longest and still counting....I don't want to loose my house and end up on the street with my 2 little kids....if they deny me at this time, how long does it take them to take away my house? The 3rd party mod keeps assuring me that everything is okay and that I just need to wait for the approval but not even this assurance makes me sleep at night. I have been in so much stress since I started this mod back in Nov '08.....I just hope that this misery ends soon

[exhausted girlfriend]

Well, you have to look at it this way. you are still in the game. Hang in there, you should here something soon. I havent heard of anyone making a 9th trial payment, so maybe you will be modified soon.

[litehouse01]

And if Gdd Forbid they deny you (which I pray they don't) then.. ask for an in house mod or ask what else they can offer exhaust all possibilities never give up..

[MyHAMP]

Originally Posted by litehouse01

And if Gdd Forbid they deny you (which I pray they don't) then.. ask for an in house mod or ask what else they can offer exhaust all possibilities never give up..

If highly doubt these trial-payments are for HAMP. The program didn't exist 8 months ago and certainly not in November 2008.

antel, tell them to send you an official HAMP-application. I suspect you are on a forbearance and not on a HAMP.

[davephx]

Good point - there was no HAMP till March 2009 and it took banks a few months to begin to offer it.

[lemaudit]

Richard Zombeck: Homeowners: "Hey Congress, Get Off Your A**"

[antel]

Hi, it is the HAMP program, even the executive resolution confirmed it. I was put on trial April 15, May 1 and June 1 - where my 3 trial payment ended but has been continuosly paying the trial up until now. November was when I started applying for the Loan Mod.

[MyHAMP]

Originally Posted by antel

Hi, it is the HAMP program, even the executive resolution confirmed it. I was put on trial April 15, May 1 and June 1 - where my 3 trial payment ended but has been continuosly paying the trial up until now. November was when I started applying for the Loan Mod.

That's really strange. According to my sources, Chase started to participate in HAMP on April 13. And 2 days later, your first trial payment was made?

How could they provide you with official HAMP-paperwork before even participating? I don't know but something doesn't sound right..

[shuladore]

same boat here have made 8 HAMP payments. Chase confirmed HAMP approval for trial payments on 3/31 sent some basic paperwork made payments 4/1 than they changed payment amount went down $20 sent official HAMP paperwork 3 trial payments were made 5/1 6/1 and 7/1 continued payments 8/1 9/1 10/1 and 11/1 yes HAMP delays have been going on this long!

[exhausted girlfriend]

my trial payments started May 1, 2009

[MyHAMP]

Interesting...so I guess they were already "participating" earlier. Truely unfair that the ones starting first have to wait that long. But too few CSRs, CSRs without proper knowledge, lost paperwork and numerous changes in the program caused that mess...

I got that date from the official HAMP performance-report (BTW, the new one for Oktober should be available soon).

[exhausted girlfriend]

yeah, it is too bad. it seems like those who are getting into the trials later dont have to wait so long. Maybe they are knocking out the kinks in the system. I am however grateful, because i was approved for an inhouse trial that was going to cost us a lot more and then the MHA program was erected. I am glad it worked out this way for us. I was initially awaiting trial payment contract for 6 weeks, then i called to tell them i never got them, and was told that it was null and that i had to do this new MHA program. I was initially aggravated and tired, but went along with it, and am happy i did.

[MyHAMP]

Originally Posted by exhausted girlfriend

yeah, it is too bad. it seems like those who are getting into the trials later dont have to wait so long.

Quite possible. The "size" of your servicer might be a factor as well. Our servicer doesn't seem to be so overloaded - if they can already tell that there will be a decision PRIOR to the 4th payment...if they are telling the truth. So far, they did.

[BadBobMo]

Do you all have trial payments doc's w/logo? Please post thanks

[MyHAMP]

Originally Posted by BadBobMo

Do you all have trial payments doc's w/logo? Please post thanks

There you go:

https://www.efanniemae.com/sf/mha/mh...rrowersolicit/

This is the Trial Period Plan:

https://www.efanniemae.com/sf/formsd...e/pdf/3156.pdf

[gordilox86]

Make sure you get a signed Trial Period Plan (Freddie/Fannae Form 3156)!

[c150000]

mine has the logo says fannie mae making home affordable
talks about if you qualify under federal gov home affordable mod program ect

but no 3156 form? oh boy?
i do i know?

[c150000]

and as you know because i spoke to you before about it i cant get it signed and sent back they said they do not have to send one anymore !!!
new guideline they said just was put out?

[MyHAMP]

Originally Posted by gordilox86

Make sure you get a signed Trial Period Plan (Freddie/Fannae Form 3156)!

Usually, lenders don't send you that signed form. According to the form itself, they are supposed to but they simply don't do it. We requested a signed copy over the phone 5 times and once via certified mail in form of a qualified written request. We never received it. They simply don't send it out (probably because that would require them to stick to the contract).

But the updated guidelines don't require that signature anymore...

[MyHAMP]

Originally Posted by c150000

and as you know because i spoke to you before about it i cant get it signed and sent back they said they do not have to send one anymore !!!
new guideline they said just was put out?

I can confirm that. In our case, however, they already refused to send it BEFORE the new guideline came out.

[BadBobMo]

Sorry this happen to another person, I just posted this 5 min ago!

So let's think about this new revision, their are many new doc's to show that you are actually on the HAMP "Trail Period Plan" going forward right? Why?

Now let's just look at this from our point of view, let' say even if only 1/2 of the 500,000 so called current "Trail Period Plans" are still not on the HAMP "Trail Period Plan"
So why do I bring this up, because the new revision doe's nothing to reassure any of us that has not received any type of HAMP doc that say's-SO!! Ok the Orginal Doc Revision said that the "Lender did not need a singed copy from you" Ok that's fine what do you have that says that you are on the HAMP "Trail Period Plan" program.
How many of us have been fooled thinking we were on a 3 month trail plan?
Then only to get another verbal lie ok now you are on the plan but still no doc!
Think about this, with the new doc's changes it would of been real easy to insert (Form-***) that the lender "is to sign" and send it to anyone that is on the plan "period"
Everyone needs to call and make sure that they are 100% on plan! Try your best to get some doc's that say's So!!! also ask if they have started reporting to Fannie your trail period payments. They had 4 business day's after receiving our 1st payment.
You can not trust the gov.-writers or bankers "period" read my early post and watch and learn.
Fired Up Ready To Go
Just do a search.
Keep up the fight and start asking for fairness "Write Down"

[heidi79]

that's really counterproductive, so now it will be even harder for people to be sure they are in the hamp program?!!!!!!!!!!

unbelieveable, steps back not forward

[MyHAMP]

Originally Posted by BadBobMo

Sorry this happen to another person, I just posted this 5 min ago!

So let's think about this new revision, their are many new doc's to show that you are actually on the HAMP "Trail Period Plan" going forward right? Why?

Now let's just look at this from our point of view, let' say even if only 1/2 of the 500,000 so called current "Trail Period Plans" are still not on the HAMP "Trail Period Plan"
So why do I bring this up, because the new revision doe's nothing to reassure any of us that has not received any type of HAMP doc that say's-SO!! Ok the Orginal Doc Revision said that the "Lender did not need a singed copy from you" Ok that's fine what do you have that says that you are on the HAMP "Trail Period Plan" program.
How many of us have been fooled thinking we were on a 3 month trail plan?
Then only to get another verbal lie ok now you are on the plan but still no doc!
Think about this, with the new doc's changes it would of been real easy to insert (Form-***) that the lender "is to sign" and send it to anyone that is on the plan "period"
Everyone needs to call and make sure that they are 100% on plan! Try your best to get some doc's that say's So!!! also ask if they have started reporting to Fannie your trail period payments. They had 4 business day's after receiving our 1st payment.
You can not trust the gov.-writers or bankers "period" read my early post and watch and learn.
Fired Up Ready To Go
Just do a search.
Keep up the fight and start asking for fairness "Write Down"

BadBobMo,

That's exactly what we told them in the letter. Also, when somebody else on this board mentioned that the signature of the lenderwould no longer be required to have the agreement accepted by the treasury as long as the borrower signed it, I wrote "fine, but does that protect MY legal rights as a BORROWER? What do I have in my hand if it goes to court? What is an agreement worth that is only signed by one party?"

[franklyspeaking]

Question/Help from those of you who have started or finished the trial payment plan. I called chase and they "approved" me for a 3 month trial/forebearance plan . Its been over a month and a half and I've gotten no paperwork. I called a few times the first few weeks but then sat back to see what would happen. They stopped the auction but now nothing, no trial payment paperwork,no calls,no letters. Any idea whats going on? Are the just expecting me to send in payments without paperwork ? Any suggestions would be appreciated.

Frank

[exhausted girlfriend]

Mhamp,
who is your servicer?