Search results

  1. R

    SLS 2nd Mortgage CA

    I am engaging them in a settlement now. However, they say they will call me back and never do. I call several times a week and request to speak to my POC. I have made a formal offer in writing and sent them my 1st payoff amount as requested. Their excuse now is that they need to put a file...
  2. R

    SLS 2nd Lien

    Appreciate the info bigfrog! SLS is so inept and the reps don't know what they are doing. Even my POC Arturo sounds unsure of the process and I get the run around. I know they just want me to do a SS and trying to pressure me, but not sure I will be doing that. I have asked for a reconsideration...
  3. R

    SLS 2nd Lien

    Hello, I had a chapter 7 bankruptcy discharged in 2010. Now the 2nd is trying to have me do a short sale or foreclose and mailed me a notice of intent of default and intent to foreclose if I don't respond by 01/27/2020 with a listing of short sale. I know that I owe about $515,000 on the first...
  4. R

    SLS 2nd Mortgage CA

    Hello, just following up.... After speaking to one Chpt 13 real estate Attorney I decided payments are too much. He recommended I do a refi but it's not possible to get a refi since the balance on the loans is more than that what the home is worth in CA. Liens were discharged and the 2nd SLS is...
  5. R

    SLS 2nd Mortgage CA

    I’m not sure the SOL is applicable in CA. I hear they can renew the SOL. May 2020 is when chpt 7 bankruptcy was discharged. I might need to consider chpt 13 bankruptcy to wipe out the the 2nd and 3rd though it’s not an option I prefer. Specialized Loan Services is notorious for not being upfront...
  6. R

    SLS 2nd Mortgage CA

    Appreciate your help and I will continue to look at the CA laws :)
  7. R

    SLS 2nd Mortgage CA

    Hello, I found this website very useful when my first mortgage with Nationstar was modified and I got a HAMP approval back in 2013. I did not pay the 2nd mortgage as my house was underwater. Now my house is above water and I have been trying to negotiate on my own but never gave them any of my...
  8. R

    Escalating your Making Home Affordable Program request to the Office of the President

    Thanks Cat I appreciate your response. Just spoke to the Supervisor of my CRM at OOP. She called me back just now and she apologized and told me that the information I was given from my CRM is incorrect and I will be considered for HAMP. We will see....
  9. R

    Escalating your Making Home Affordable Program request to the Office of the President

    Just told by office OOP at BofA that my investor Wells Fargo is not participating in HAMP. Mine is mortgage backed security pooled loan originally with CountryWide. Can this be true? They said they are working on an in house mod for me but I doubt this will be affordable. This is so frustrating...
  10. R

    Find out Now If you even QUALIFY for a Loan Workout Solution. Post Your Situation

    Possible Hamp consideration from bank but have not submitted info to them yet for evaluation. 1. Loan Balance= $507, 192 2. Past Due= $76, 559 3. Gross Income= $5700/mos 4. Mortgage Payment=$3,039 5. Taxes= $450 6. HOA/Ins= $125 7. Home Value= $339,000 8. Service=BofA 9. Investor=Wels Fargo...
  11. R

    Denied DOJ settlement Wells Fargo investor

    Update: Just contacted by OOP office for my 2nd complaint on why I am being refused for DOJ program when my investor is Wells Fargo. Supervisor Rebecca Knowles states that my particular pool of loans (7010533) under Wells Fargo was not chosen for the DOJ program in the settlement agreement. She...
  12. R

    File a complaint with your State Attorney General and your file will be escalated to BOA Office of P

    Hello Den79, I live in CA and was denied DOJ though I do qualify, and my investor is Wells Fargo. I just sent my complaint to Attorney General yesterday. Going through the OOP is useless. I'm getting tired of this, so today I emailed the OOP notifying them I did submit a complaint to the...
  13. R

    Denied DOJ settlement Wells Fargo investor

    Thanks Jeffrey, I just emailed the OOP again telling them I do indeed qualify and felt they are not being fair due to my BK Chpt 7, and trying to steer to me toward an in house. Also, yesterday I filed a complaint to Attorney General about the same thing. We will see what happens. Rudy
  14. R

    Any BofA serviced /Wells Fargo Invested approvals for DOJ Principal Reduction?

    Hello Preparingfordefault, my situation is similar to yours, but Im not sure if you had filed Chpt 7 bankruptcy, I did? BofA is my servicer, and wells fargo is my investor, home underwater, not made a payment in almost 3yrs. BofA is telling me that I did not qualify because Wells Fargo is not...
  15. R

    Denied DOJ settlement Wells Fargo investor

    Hi Cat, the last post on the link you gave me above was from 1 week ago. However, I did file a complaint yesterday with the state attorney general regarding BofA's statement to me that Wells Fargo is not participating in DOJ program as an investor, and how they are trying to get me to do an in...
  16. R

    Denied DOJ settlement Wells Fargo investor

    Thanks Again Cat. I just spoke to Erik Garza's supervisor from OOP Rebecca Mills and she clarified that Wells Fargo is NOT a participating investor with BofA as servicer. However, she did say they could possibly consider me for an inhouse, but I'm not sure I would pursue that avenue. If...
  17. R

    Denied DOJ settlement Wells Fargo investor

    Thanks Cat and Evan. I thought I had seen people on here getting DOJ's when BofA was servicer and Wells Fargo investor?
  18. R

    Denied DOJ settlement Wells Fargo investor

    I contaced the BofA OOP office to complain after several months of run arounds with the DOJ settlement dept at the 877 488-7814. Each time I called I found the information they gave me in regards to time lines to be drawn out, so I did not feel reassured. However, each time I called they told me...