litton loan doesn't want to help...

[noalex]

hello...i'm new here. i am in foreclosure with litton loan svcing and have a sale date for next month. i have had medical issues which have put me way behind with my mortgage. i have been in repayment plans that just made things worse because my payments kept getting larger then i would default. i asked for a loan modification instead of a repayment plan because i explained that i could afford my normal monthly payment, but it is the arrearage that makes it difficult...still denied...because they say my income is insufficient. i am on unemployment and i now have a roommate who will be splitting my bills 50/50, but they don't care. i did the whole H4H to no avail. i have been getting information in the mail about refinancing to a fixed rate before my ARM adjusts, and i just want to know if this is an option for me. i live in texas if that helps. thanks so much for your time and assistance.

[Dan Bailey]

noalex,
Gald you found the forum and thanks for posting.

Once put in forclsure or default, our names go on accessable lists . Most of us receive mail by companies looking to take advantage of us with schemes and scams.

Unfortunately, if in default or further along in the process, it becomes near immpossible to refinance the loan through another reputable company due to our credit scores and amounts owed on the loan, house value, etc..

The decision to modify a loan is up to the investor of the loan (most likely not Litton, they are the servisor)

Have you contacted NACA?

[noalex]

hello, thanks for your reply. no i haven't contacted naca...i am unfamiliar with it. what is it?

[Moe Bedard]

Hi noalex,


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

If this is the only property you own and it is owner occupied then you can see if NACA can help you..................click on the link below for the info and to get started step by step.............
https://www.naca.com/refinance/refinanceTenStep.jsp

[noalex]

does anyone have contact information for larry litton of litton loan? i just want to convey my frustration to him. i may lose my home tomorrow b/c i have a sale date. i have tried repeatedly for the past month and a half to work with them but i got the run around continually...when i could get some one on the phone. i have gone through naca and applied for a modification but they could never get a response from them either. i am forced to file bankruptcy to try and get an automatic stay, but i hope that it does not hurt my chances of getting a modification later. does anyone have any advice for this last ditch effort? after trying to get any kind of information about my application for a modification from litton, i was told today that they just determined(today) that i did not qualify. they (litton) said that according to the new gov't standards my mortg does not take up enough of my income...however i am on unemployment and my husband barely covers the bills. anyhow, any advice is appreciated. thanks

[Moe Bedard]

Did you ever get the chance to try NACA back in January for a modification using the info that was posted in your original thread above?


Larry B. Litton Sr.
CEO
Litton Loan Servicing
(713) 966-8800
llitton@litton.C-BASS.com

[noalex]

thanks for responding. yes i contacted naca and did a phone counseling session with them in january. they submitted my file to litton but litton did not respond about the modification. today is the first time that i was told (by litton via phone) that i did not qualify for a mod. they decided this today apparently...based on what the litton rep told me. they did not convey this to naca...i informed naca as soon as i heard it today.i was told by naca that litton was supposed to notify me in writing that i didn't qualify for the mod especially since i am working through a third party. if i had not finally gotten someone on the phone at litton today, i would have never have gotten any information about "not qualifying". i think they (litton) drag their feet to discourage the borrower and force them to foreclose. naca said they would try and communicate with litton today/tomorrow and get back to me. but as i told them my sale date is tomorrow. i am forced to try and file for an automatic stay to postpone/delay the sale. do you think emailing and calling larry litton would do any good since this is the "eleventh hour"? thanks for your time.

[Moe Bedard]

I am not sure...............but it doesn't hurt to give it a try.

[noalex]

hello, here is an update about my situation...first i want to thank you *** for giving me Larry Litton, Sr.'s contact information. i emailed him in the middle of the night and though he didn't respond to me directly, Chris Wilson did. He called me the day of the sale and told me that he had received the email from Larry and that the sale had been cancelled. he also told me that my file is being "held for review". i still am conducting all of my modification business through NACA because i still don't trust Litton Loan. Chris and i were disconnected in the middle of our conversation when i began to explain to him how difficult of a time i was having with the representatives over the phone. i called him back and left a voicemail to continue our conversation but i haven't heard from him again. i did however notify NACA of the conversation and sent them faxes of the information that Litton claims they never received the 5 times i faxed it to them. so right now i am continuing to pray and stand on my faith that i will receive the restructure /modification that NACA is suggesting. oh, also; the email address for Larry Litton Sr. has apparently been changed. when i sent my email i received a correspondence that said they would forward it to the appropriate address as intended, but they no longer use the C-BASS part. so have my "contact person" at Litton give me the new information to go along with littonloan.com. thanks again, and i will keep you posted.