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    Heard it through the grapevine.......

    Hi, When our rate adjusted, it went to 9.5%, so we applied for a loan modification. I don't know about the rate freeze you are speaking about. But, once our loan mod application was approved. We got a fixed rate of 5.25%. That is for the remainder of our loan (28 years).
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    All Welcome to Follow This!!

    Hi, I haven't posted to this forum in a while. I just have been reading all the posts on this thread and thought I would provide some words of encouragement. We went through a loan modification with Option One. We also had Jose as a negotiator. At some points, I got very discouraged because...
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    Mod approved, papers signed and submitted. Still waiting...

    Well, there's a twist to this story. So, I repeatedly contacted my negotiator who is now suddenly unreachable. He finally emailed me yesterday stating that the following: "I apologize for the delay on getting back to you. We had some internal problems with the way the docs were drafted...
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    Mod approved, papers signed and submitted. Still waiting...

    Poppy..I am getting so frustrated. I've spoken to my negotiator and he keeps telling me that it's been submitted for system changes. I'm calling again today. I am soooo tired of this.
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    Mod approved, papers signed and submitted. Still waiting...

    Moe, Poppy, or anyone else who can provide some insight, please do so. As you have read from my threads, I have been diligently working on a mod with Option One. They approved a mod on both our loans. We signed the paperwork, had them notarized, and sent them back. This was back in mid-Feb...
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    WooHoo! Option One Success!!!

    Re: WooHoo! I Got Modified! Woohoo!!! Great news!! I'll have a glass of wine in your honor!! :-)
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    Option One -Loan Mod SUCCESS!!

    Re: Option One - It's Just Beginning I did a loan modification with Option One. It's still not completely finalized yet either. I started the process in September, was assigned a negotiator in late October, and received an email the last day of December that our loan was approved for a...
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    Behind 3 Mts & Option One SUCCESS!!

    Re: Behind 3 Mts & Option One REFUSED My Pymts: Don't Know What to Do???? Good Idea Poppy! I'll send it along to Moe.
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    Behind 3 Mts & Option One SUCCESS!!

    Re: Behind 3 Mts & Option One REFUSED My Pymts: Don't Know What to Do???? I would be happy to share Jose's contact info (email and phone number) with you since you've already been assigned to him. Hopefully, it's the same Jose. LOL!! However, I don't feel comfortable posting that info on...
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    Behind 3 Mts & Option One SUCCESS!!

    Re: Behind 3 Mts & Option One REFUSED My Pymts: Don't Know What to Do???? We have a loan with Option One and were recently approved for a modification. We had called Hope Now to get assistance and we were assigned a negotiator from them a lot quicker after having submitted the mod package on...
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    When Borrowers Fight Back

    Door Could Open To Class Actions; WHEN BORROWERS FIGHT BACK: Banks watch closely to see if a couple's legal struggle with their lender will launch a new front in the battle over troubled mortgages. David Cho Washington Post Staff Writer 1166 words 02/27/2008 The Washington Post FINAL...
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    FHA to loosen requirements of FHASecure!

    HUD Mulling How to Widen FHA Refi Net By Kate Berry 904 words 02/19/2008 American Banker 1 Vol. 173, No. 33 English (c) 2008 American Banker and SourceMedia, Inc. All rights reserved. The Federal Housing Administration is planning to loosen some of the requirements of FHASecure - a...
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    Help w/ Option 1 Home Loan Modification

    Re: option one/home modification Hi Christine, You are not alone. Our loan is with Option One also. They can be tough to deal with. We were recently approved for a loan modification, however. So, it can be done. It sounds like you need to submit an official application. I'm not sure if...
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    Happy Valentines Day Everyone!

    Happy Valentines Day!!! Wishing everyone strength, love, and happiness!!
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    Corona man uses blog to coach homeowners on how to coach homeowners on how to save their property

    Moe..it's nice to put a face with the name (well a closer picture than the one on your signature...that is). Thanks so much for this site. It's nice to see that you are getting some recognition for all the time and work you put in.
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    Option One Success III

    Re: Waiting Too Long fr Loan Mod Papers What Do I Can you believe it...? There were no adjustments. The rate is good through the remainder of the loan. I'm pretty happy with it!!!
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    Option One Success III

    Re: Waiting Too Long fr Loan Mod Papers What Do I Thanks everyone for your support and interest in my situation. This forum has been a great place to get my worries off my chest. I haven't been able to even talk about this stuff with my family. So, the mod papers did come. The interest rate...
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    Option One Success III

    Re: Waiting Too Long fr Loan Mod Papers What Do I :D Wow Moe! That would be great! I would really appreciate if you could! I will be in touch soon. My work day isn't ending soon enough.
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    Option One Success III

    Re: Waiting Too Long fr Loan Mod Papers What Do I Ok...so I went home Friday evening anxious to see the documents. Nothing from UPS was delivered!!! Sigh! So, I emailed my negotiator and suprisingly he responded with a tracking number. Well, the package was still in transit and was due to be...
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    Has a QWR been effective for anyone yet?

    Thanks for all that info Erika!!! Keep us posted on your situation also.