need advise

[big_vinnie]

well here it goes i got a 80 20 loan with the assurance that in 2 years i would refinance and get a much better rate my first loan is 8.25 percent the second loan is 12.25 percent ive been in the house for 2 and a half years i had 1 30 day late payment little over a year ago but any way got a call and started to get a refi it was all going well the appraisel was good credit got better since i got the loan and it was good enough for a fha refi so everything is going well talked to the loan broker 2 days before thanksgiving and he said its all good all we need is 1 more employment verification and itll be done in 2 weeks he said how much the payment was and all that good stuff i was so freaking happy the next day my boss came out to the job and layed us all off said we will get called back the first of the year well somehow the loan people found out and called off the loan said they will call back the first of the year when i get back to work here it is feb and now the company says we arent getting called back look for work else where ive sold just about everything we have to stay current because i lost 250 a week in money i get 453 on unemployment and the house is 1509 a month and my truck is 537 a month i called country wide explained my situation and they said there is nothing i can do till im 90 days late i dont wanna be late i wanna pay i just need a lower rate i own another home in a different state that was willed to me a few years ago so actually i own 2 homes it is up for sale for 10 thousand but noone wants it its a vandalized hole what do i do do i quit paying and hope to get help or keep selling everything hopeing to weather the storm ive sold my motorcycle our 2nd car my sons four wheeler all my guns what the hell do i do im going to start selling my plasma next week i guess it pays like 220 a month this is my kids home i cant lose it anyone have any suggestions im so stressed i cant sleep im a grown man that sits in my shed and cries i feel like the biggest loser in the world i cant provide for my family i have wrote to congressman and senators and cant even get a reply country wide owns the loan but wont even talk to me i have the safest income in the world right now why cant they use it for the refi with the extensions i get 453 a week for 1 year can you say you will have your income in a year hope someone knows of a way i can get help vinnie

[mgallant]

Originally Posted by big_vinnie

well here it goes i got a 80 20 loan with the assurance that in 2 years i would refinance and get a much better rate my first loan is 8.25 percent the second loan is 12.25 percent ive been in the house for 2 and a half years i had 1 30 day late payment little over a year ago but any way got a call and started to get a refi it was all going well the appraisel was good credit got better since i got the loan and it was good enough for a fha refi so everything is going well talked to the loan broker 2 days before thanksgiving and he said its all good all we need is 1 more employment verification and itll be done in 2 weeks he said how much the payment was and all that good stuff i was so freaking happy the next day my boss came out to the job and layed us all off said we will get called back the first of the year well somehow the loan people found out and called off the loan said they will call back the first of the year when i get back to work here it is feb and now the company says we arent getting called back look for work else where ive sold just about everything we have to stay current because i lost 250 a week in money i get 453 on unemployment and the house is 1509 a month and my truck is 537 a month i called country wide explained my situation and they said there is nothing i can do till im 90 days late i dont wanna be late i wanna pay i just need a lower rate i own another home in a different state that was willed to me a few years ago so actually i own 2 homes it is up for sale for 10 thousand but noone wants it its a vandalized hole what do i do do i quit paying and hope to get help or keep selling everything hopeing to weather the storm ive sold my motorcycle our 2nd car my sons four wheeler all my guns what the hell do i do im going to start selling my plasma next week i guess it pays like 220 a month this is my kids home i cant lose it anyone have any suggestions im so stressed i cant sleep im a grown man that sits in my shed and cries i feel like the biggest loser in the world i cant provide for my family i have wrote to congressman and senators and cant even get a reply country wide owns the loan but wont even talk to me i have the safest income in the world right now why cant they use it for the refi with the extensions i get 453 a week for 1 year can you say you will have your income in a year hope someone knows of a way i can get help vinnie

Vinnie,

First off it is not your fault, last thing you want to do is take the burden of all this! I know it doesn't help your particular situation but there are thousands and thousands of people just like you going through the same exact thing. Hold your head high and do whatever you have to do to keep your home with pride! First thing you need to do is take every spare moment and read all you can here on how others are working there way through this mess. Trust me before I found this site I was close to jumping off a cliff to get my family the insurance $$. After spending several weeks reading here I have gained a ton of imformation on how to battle for my home. Knowledge is what you need to get yourself and family through this.

I am currently going on 9 months behind on my mortgage and having two previous sale dates and 1 tax sale date (March 19th) and I am still fighting! CW has made me a loan mod offer that was terrible so I decided to fight harder. I will be going to a NACA workshop this weekend to enlist there help in this fight.

My suggestion for you is to stop selling everything to feed these criminal banks! They are still going to throw you out if they can regardless of what you sold. Keep your belongings and learn everything you can about fighting them on the same playing field. You need to be strong and focused. If you start falling behind on payments then so be it! Just don't sell your soul to these vampires without a major battle. Before you can battle them you need to learn how, so read up my friend, sign on with NACA and get the bank to start jumping through hoops to keep you in your home!

Good Luck and keep us posted!
MikeG

[Moe Bedard]

Hi Vinnie,


Welcome to the forum and thank you for joining...............

Have you tried contacting CW for a loan modification instead of a refi?
What have they told you about being able to modify?
What is the number you are using?

Home Retention
1-800-669-0102

[big_vinnie]

ok called back cw and this time i asked for a loan mod they asked me a few questions and said i qualified but it was not a guarentee i sent them all the documents they requested and about a week later i went to the cw website to pay my payment and it said loan mod denied i immediately called them to ask why they told me if they granted a mod it would just delaythe inevidable i asked what she meant and she said that no matter what i do i probably will lose my home to foreclosure
i called senator webb in virginia he told me i need to get a new career i asked how to ghet the training and pay for my home he had no answer
i called back cw and told them i wnated to document all conversations with them so that i had prof i was trying to save my home incase i have to try the bancrupcy thing and they hung up on me
i called back and explained what was going on and they said they will not talk to me if i try to document the phone call i asked to speak to a supervisor they put me on hold for bout a hour came back on and told me they would have him call me in 24 hours here it is a week later and no caalls back
so i called again and aasked who actually held my loan they told me that is confidential information and they cant give that to me
how do i find out if i am able to qualify for home retention if i cant find out who actually owns my loan
here is where i stand i finally ran out of stuff to sell my payment was due on the first and i only have half of it if i get the rest of the money im going to pay it but i wont make a partial
if i think im going to lose this home i am gutting it i will sell everything from the kitchen sink to the siding on it
i have sold everything i own out right to pay them but they wont lift a finger to help me i told them i will get work again this is temporary i actually have a company that said they will hire me in august they got a contract and they can start it at the end of august but by takeing this job i cant apply for a refi until i have 2 years with the new company according to cw
i am no longer depressed about my home i am pissed cw has finally convinced me that i am going to lose it and it is going to destroy the little credit i have built up so here it goes if i lose big so will they

[Kirby'sMom]

Are you calling the number for CW, which takes you to collections, or are you calling the number that *** gave you? I was told, when I called to make a payment and they took my financials, that I don't qualify for a loan mod. I called the number *** gave me, and am in the process of doing a loan mod. I would not speak to collections anymore, if I were you. (My loan is with AHMSI, not CW, but they're all pretty much the same)