Recent content by erzulie

  1. erzulie

    Maximum Number of Loan Modifications - is this a thing?

    Thanks for your reply! So ... the craziest thing happened. I am still so cynical, that it is hard to accept. After all the rigmarole of this entire year ... out of the blue, I received a loan modification offer, with terms that seem very acceptable and quite lovely. I am astonished that I am...
  2. erzulie

    Hiring An Attorney

    That's a rather dismal view. The lawyer I met with, spent a few hours with me, going over all the nuts and bolts. Laws in CA tend to favor homeowners in many ways. The way he explained it to me, is that they will file a lawsuit against SPS Servicing ... this is something they do multiple...
  3. erzulie

    Hiring An Attorney

    Having a horrible time with my situation. - Current until 3/2017, with Chase. Lost my job. - Filed for assistance from Chase; during their process, they transferred me to SPS Servicing, a collection agency. - Did my best to work with SPS; they gave me the runaround. Approved me for some sort...
  4. erzulie

    Maximum Number of Loan Modifications - is this a thing?

    SPS Servicing - the organization who told me that I was not eligible for a second modification - is just the servicer. In fact, they aren't even really a mortgagor - they are a collection agency. There is no possible option with them to, say, refinance. The note holder/investor on my loan is...
  5. erzulie

    Maximum Number of Loan Modifications - is this a thing?

    Hi! Question. My situation is that, I had my loan modified through HAMP, back in 2010. Everything went swimmingly ... payments affordable, made on time ... all is well. Fast forward to October 2016; I lost my job. I managed to continue paying my mortgage, via draining my savings, but ...
  6. erzulie

    Allied International Credit - Collection Agency on the 2nd - Can I Ignore Them?

    Hi Everyone! I am a California homeowner, successfully modified my first mortgage in February of 2011 (after two years of struggling - for those in pursuit, don't give up!) with Chase, and then ... continued to ignore the HELOC (which I had already been ignoring for about a year at that point)...
  7. erzulie

    What's the point of settling on the second anyway?!?

    Thanks for your help ... but, I've been Googling like a crazy Googler ... and I've also read that very thread (very helpful, thank you) ... but I am still lost on these points .... They let me into MENSA, so I know I can't be all that dumb, but apparently I am a super slow learner in this...
  8. erzulie

    What's the point of settling on the second anyway?!?

    Thank you guys for your help! So - first - I am in California, if that has any bearing. And second - yes, I definitely want to stay in the home. Here's what I am trying to wrap my head around. If I do not settle the HELOC, and they eventually send it to collections (not sure what...
  9. erzulie

    What's the point of settling on the second anyway?!?

    Forgive me for sounding totally ignorant ... I need some guidance. I got a modification on my first (yippee!) - very good terms - MHA - payments began February 1. Super happy about that. My second (a purchase-money HELOC) - haven't paid in over a year. Charged off over 6 months ago...
  10. erzulie

    FEDEX DELIVERY OF PERMANENT MOD DOCS! Never thought I'd see the day ....

    "I received my permanent mod docs in February this year. Then another set in April, then another set in October and again in November. Still not final.<!-- google_ad_section_end --> " Wow - how could that be? What happened to you with the docs? I am simply assuming, that I will sign...
  11. erzulie

    FEDEX DELIVERY OF PERMANENT MOD DOCS! Never thought I'd see the day ....

    Got home - found the package on my doorstep! A little moist (I am in So. Cal. ... raining like bejabbers out here) ... without further ado ... TERMS: 2.625% on first 5 years of the loan 3.625% on Year 6 4.625% for Years 7 - 27 (I had 27 years left on my current loan, so ... they didn't...
  12. erzulie

    FEDEX DELIVERY OF PERMANENT MOD DOCS! Never thought I'd see the day ....

    ...well, let me rephrase ... was "cautiously optimistic" that I'd see the day, but ... still in a bit of disbelief now that it is finally here. I don't have the full terms yet; docs are at home, I am at work, but ... my quite handy and very helpful/forthcoming Homeowners Assistance...
  13. erzulie

    HELP - Trial Payment Returned By Chase .....???????

    I got approved for an MHA modification in March of this year, trial payments beginning May 1. At that time, I was hovering right around 2 months past due on my mortgage. I had only recently gone delinquent - and, truth be told, the only reason I allowed myself to go delinquent in the first...
  14. erzulie

    HELP - Trial Payment Returned By Chase .....???????

    OH and a P.S. about my unease ...how is it that they would RETURN a payment? I don't get it. I mean, they are in search of me paying first and foremost - isn't that the point? Every call I have with them, the first words are "...please be advised, we are attempting to collect a debt" .... so...
  15. erzulie

    HELP - Trial Payment Returned By Chase .....???????

    What I was told by my rep, is that on October 26, 2010, my file was given a "recommendation for permanent modification", and sent to "Quality Control". He estimated it would be 10-14 business days and I would have my permanent modification paperwork on my doorstep. No paperwork on my doorstep...