INdyMac Loan Mod/ Foreclosure

[Jinheehong]

Hello~

This is my first post to this forum. I need some advice and help on what to do. I am currently seeking assistance with Indymac for a Loan Mod. I am in foreclosre and everyweek that I called in they had advised me there was no sell date. I have been calling in everyweek to make sure all the documents were recieved, it took them some time to get it imaged in. I called in last week and was told that all the documents were recieved and the foreclosure has been but opn hold(at that time no sell date was assigned). I call again in the beginning of this week and was told that the sell date has been issued for 7/30. I had try to see if they could postpone the date since it's in the process of review, and I understand that a LM is not always gauranteed. When I ask the Rep what else could I do to stop or hold the sell date the reply was a repayment plan. With the repayment plan I would have to put 50% down and right now I just don't have that kind of money. I don't know what to do the sell date is just around the corner. Anyone have any advice I would aprreciate it!

[Evan Bedard]

Hi jinheehong welcome and thank you for joining the forum.

When I ask the Rep what else could I do to stop or hold the sell date the reply was a repayment plan. With the repayment plan I would have to put 50% down and right now I just don't have that kind of money. I don't know what to do the sell date is just around the corner. Anyone have any advice I would aprreciate it!

You need to keep calling and speaking to as many differentreps/ managers/ supervisors as possible until you get your sale date postponed.. For the repayment plan what exactly are they asking for, 50% of what you owe on late payments? Try using this number and email as well:

Kelley Cooper Spencer
Vice President
Loss Mitigation Disposition
7700 W. Parmer Lane
Building D, 2nd Floor
Austin, Texas 78729
Phone: 512-250-3814
Fax: 626-229-1143
kelley.spencer@imb.com

[Jinheehong]

50% of my total amount due which is around $7,000.
Thank you for the support I will try contacting the number you gave me!!

[serrdrew]

Have you had any luck with contacting Kelley Spencer??? Please advise.

[Evan Bedard]

Yes jinheehong did you get the foreclosure postponed?

[serrdrew]

Evan, was the lady able to help u with ur loan modification? I got a call today that my account was assigned to a escalation specialist. I don't now if this was due to the email I sent to the vice president last night. I'll keep u all posted. Evan let me know if she helped u with anything.