Hello me again...So, another drama unfolds today....A letter from CHASE saying that the loan will be assigned to IBM Lender Business Process Services starting Aug. 1st
Jan. 2010 applied for Hamp
April 2010 1st missed payment
June 30th 2010 Denied HAMP (too much income) and In house mod (debt to income ratio too high)
and thanks to the advise of Loansafe.org called the executive team and resubmitted docs July 14th, 2010
July 16, 2010 file sent to QA
July 21 file is out of QA waiting to be assigned to an underwriter.... was escalated
This loan is backed by Fannie Mae and dont know what to expect since I am in a middle of the modification process. Anyone have any ideas? Anyone have any experiences with the new lender regarding mods? Am i just screwed at this point? Should i start packing up?