Countrywide Success!

[Andrew]

Yes i sent a complaint letter too. After I sent the complaint, via fax, email and mail I received a call from Adrienne from the office of the president. I didnt need any money upfront or to sign anything because I was not late. I think if your late its a different story on the mods. Dakota I see you are current also which hopefully means you will get fixed for 5yrs at your teaser rate like I did. But my teaser was high to start.

[atrombley1]

Andrew -

No I am current with my payment as well....I think I'm going to give a call and see why I have to come up with upfront funds then?

I did have some delinquent taxes and late fees that they rolled into the back end though, I bet that is why I needed to sign paperwork because the original loan amount changed.

Andrea

[Andrew]

Andrea,
Exactly, when I had asked why I dont have to sign anything their reply was since your loan amount is not changing there is no required papers to sign.

[dakota]

Tried to call back my negotiator yesterday.....the retention team tried to get her on the phone, no go. They told mre they would have someone go walk to her desk and she if she was there. While waiting, the representative mentioned that there was a post it note on my file from upper management. She then says....there is roughly a 3/4 month turnaround time for loan mods. I interupted her and told her I have been working on this since November and that is why upper management is involved. The negotiator wasn't at her desk, so I told the representative to go over questions w/me right know since there is a 3hr time difference and I am not going to pay phone tag anymore. She then says there is a problem with my financials....I say okay what....she goes you are -$5000 a month income vs.expenses!!! That is when I lost it....I said are you guys crazy. Told her that I must be sellings goods from my desk at work, if you know what I mean. She thens goes we are now supposed to ask if you would not pay your credit card payments to make your house payment.....I said "who would in their right mind not pay their house payment to pay their Sears card...house comes first" To make a long story short she did some changes in her computer and says okay now we show your -$200 a month...the investor will like that better....I said okay since I didn't want to deal w/her anymore........

Adrienne from the Office of the President assured me she would call me today 1/11 and as of know...no call....and I told the rep I spoke with if the negotiator need to reach me, that it would be easier to reach me by email than phone.....so what do I get a phone message from the negotiator...call back vm.....I am so stressed....

[Andrew]

A little update. Adrienne from the presidents office called me again today. She wanted to make sure im still happy with my mod and if my issues are fully resolved. I did ask her this "what happens after 5 years, can i apply for another mod". Her answer was they really havent looked into that at this time. All the terms do stay the same on the original loan (margin and libor rate and such). So all in all im very happy with my modification.

[dakota]

Update....Talked to my negotiator this morning.....she is going to submit my package to management for the "5yr freeze." I should know by tommorrow. I didn't make January's payment yet. She told me to hold off until I hear from here...Please say a prayer for me......

[Andrew]

Good Luck!!!

[dakota]

A big "Thank You" Andrew......if wasn't for you suggesting to email and send RESPA letters......I wouldn't even be in this close......you are such a Godsend!!

[Andrew]

That's what this site is about to help others in need. This site even helped me with my respa letter. And Brian reviewing my docs.

[dakota]

Just talked to my negotiator....I am approved for the 5yr freeze..... Jan/Feb payment rolled into loan....I am current on my loan....I was so excited I forgot to ask about good faith money....don't think I should need it since I am current.....

[Andrew]

Congrats. Post your own thread with your success story.

[Moe Bedard]

Dakota that is great news!!! Congratulations!!
It is so exciting to see more of us being approved the mods lately.......really gives alot of hope to those of us still in progress.
thanks for sharing your story!!
I hope they roll my two payments in my loan too........

[Moe Bedard]

GREAT Dakota! Can you please update your original thread where you told your story and as soon as it goes through, you will be moved to the success section. I am so happy for you and thanks for being such an awesome member!

[Andrew]

Here is the VP's letter:

[pbbobkanobi]

You ever see the SNL skit where Bush puts Cheney in the Axis Of Evil?....too funny. I can't wait to get my letter from the VP....way cool!

[Andrew]

Yeah it has the US insignia in the background of the paper but you cant see it on my scan.

[pbbobkanobi]

Remember "back in the day" when we didn't have the Success Threads? Those were scary times. I hope our stories are inspiring everyone out there still fighting. Everyone's situation is different but the tips and advice provided here should help others to not go through all the runaround.

The most important thing is to stay focused and educate yourself before you contact the mortgage company. Don't give up!!

[elpjohnson]

Andrew & Bob.....

Your stories are truly inspiring and helpful to everyone on this site. When I first joined in December there weren't many success stories and now there's at least a few every couple of days or so. I think it's wonderful how everyone is reaching out to one another to lend a helping hand.

Moe, I just have to say that this site brings me a lot of comfort and helps ease my anxiety....I have such a long wait to just begin the loan modification process but coming on this site everyday helps me by educating me on how this process works and what I can expect to happen. It also helps when I can lend another support during a stressful and difficult time. I know you will all be here for me when I go through it.....and that's nice to know.

[Moe Bedard]

This is great stuff. I 'm glad we can all share in this. The good and bad. It is how I envisioned this place. Soon, we will have hundreds of these letters and success stories.

You got it Erika. I agree. Maybe we'll all meet someday? Maybe we will make history with this website? I feel it in my bones that this really is going to help thousands of people.

Way to go Andrew! I'm gonna cal Dick on his cell..haha

[dakota]

I will update my story this weekend when I have more time....now just waiting for the docs to be overnighted...Never give up....

[Andrew]

If you have a scanner post your letter when you receive it.

[spalishus]

this is greay.. im hoping my mom can lock in her 4.5 % RATE ... for another 5 years .. she lucked out bc thats with principal and interest...
it resets in sept ... i tried to call a few times and they told me it was too soon... what can i do NOw to make sure nothing ends up happening??? like the rate change...

[dakota]

Andrea, Bob, and Andrew.....How long did it take to receive your papers after you were told you were approved for your mod? Andrea, did you ever figure out why CW wanted money from you?

[Andrew]

About a week since it came from California and I'm on the east coast!

[atrombley1]

One day for me. They called on Tuesday and they were overnighted on Wednesday. BUt for me I had to sign papers because my loan amount changed (they added escrow and 1 payment to the backend). I also needed to send a certified check because my loan amount was changing and to cover the late fees I had racked up over the past several months. I'm just sending it back today. It took me a week to come up with the funds for the check.