Comments on: HAMP Starts Review of Mortgage Modification Trials http://ecreditdaily.com/2009/12/hamp-starts-review-mortgage-modification-trials/ Sun, 20 May 2012 21:49:40 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Dan http://ecreditdaily.com/2009/12/hamp-starts-review-mortgage-modification-trials/comment-page-1/#comment-1234 Dan Mon, 08 Mar 2010 18:49:42 +0000 http://ecreditdaily.com/?p=1316#comment-1234 The modification process is terrible. I just completed the trial period on March first. During the trial period they lost my paperwork 2 times. The third time I sent in the paperwork was a week before the deadline they called me and yelled at me because they said they did noy have it and I had to jump through a bunch of hoops at the last second. I still have not heard anything about the review of my situation and now I need to start thinking about making my next mortgage payment. As I am now finished with my trial period and I cant get any answers I dont know how much to pay or when its even due for my upcoming payment. My advice for anyone in this process is to make copies/scans of all paperwork for your records before you send it. Make sure that everything that you send has a tracking numbers for proof that it was sent and received and dont lose them because you will need them many times over. Also keep track of times and dates. I did all of this and without it I would have been in trouble. Also Be advised to go over your situation and paperwork many, many times as you will never talk to the same person twice. The modification process is terrible. I just completed the trial period on March first. During the trial period they lost my paperwork 2 times. The third time I sent in the paperwork was a week before the deadline they called me and yelled at me because they said they did noy have it and I had to jump through a bunch of hoops at the last second. I still have not heard anything about the review of my situation and now I need to start thinking about making my next mortgage payment. As I am now finished with my trial period and I cant get any answers I dont know how much to pay or when its even due for my upcoming payment.

My advice for anyone in this process is to make copies/scans of all paperwork for your records before you send it. Make sure that everything that you send has a tracking numbers for proof that it was sent and received and dont lose them because you will need them many times over. Also keep track of times and dates. I did all of this and without it I would have been in trouble. Also Be advised to go over your situation and paperwork many, many times as you will never talk to the same person twice.

]]> By: HAMP Reviews on Mortgage Modification Trials | NW Indiana Loan Guy Blog http://ecreditdaily.com/2009/12/hamp-starts-review-mortgage-modification-trials/comment-page-1/#comment-432 HAMP Reviews on Mortgage Modification Trials | NW Indiana Loan Guy Blog Thu, 31 Dec 2009 06:43:44 +0000 http://ecreditdaily.com/?p=1316#comment-432 [...] The U.S. Treasury has ordered a review of all mortgage modification trials set to expire on or before Jan. 31, 2010, as part of the Obama Administration’s efforts to accelerate permanent mortgage relief and rescue more borrowers from foreclosure. This is according to a recently published article. [...] [...] The U.S. Treasury has ordered a review of all mortgage modification trials set to expire on or before Jan. 31, 2010, as part of the Obama Administration’s efforts to accelerate permanent mortgage relief and rescue more borrowers from foreclosure. This is according to a recently published article. [...]

]]> By: Home protection Group http://ecreditdaily.com/2009/12/hamp-starts-review-mortgage-modification-trials/comment-page-1/#comment-421 Home protection Group Wed, 30 Dec 2009 04:47:55 +0000 http://ecreditdaily.com/?p=1316#comment-421 Total Mortgage Reset With Homeowner Protection Group •By law, lenders must respond and work on a resolution within 60-90 days •The threat of litigation will result in much more favorable outcomes for the homeowner •HPG guarantees a minimum 10% principal reduction on accepted cases or 100% of fees will be returned •Lenders are required to defend their business practices; giving the homeowner the upper hand •HPG negotiates principal balance in such a way so that the overwhelming majority of clients who are currently upside down will have a new loan balance that is equal to or below appraised value •Financial hardship does not necessarily need to exist •HPG will negotiate rate, term, and principal balance of the homeowner’s mortgage and in addition (through business partnerships) will address and repair homeowner’s credit, negotiate unsecured debt, help increase the homeowners chances of finding work through career training (if needed), (this is called The Full Circle Package) and much more (including the possibility of claim damage awards paid to the homeowner!) for one flat fee •If a stale mate is reached HPG’s investors will make a cash offer to the lender to buy out the note, or a qualified member of the attorney network will take the lender to court to prosecute found violations at no additional cost to the homeowner beyond filing fees •When violations are found, the homeowner is in the position of power •A majority of HPG’s cases will be resolved in as little as 60-90 days •Arrearages are completely eliminated in addition to a guaranteed minimum 10% principal reduction If you would like more info Please contact Mary D Email marydhpg@live.com 1-570-992-6630 Total Mortgage Reset With Homeowner Protection Group

•By law, lenders must respond and work on a resolution within 60-90 days
•The threat of litigation will result in much more favorable outcomes for the homeowner
•HPG guarantees a minimum 10% principal reduction on accepted cases or 100% of fees will be returned
•Lenders are required to defend their business practices; giving the homeowner the upper hand
•HPG negotiates principal balance in such a way so that the overwhelming majority of clients who are currently upside down will have a new loan balance that is equal to or below appraised value
•Financial hardship does not necessarily need to exist
•HPG will negotiate rate, term, and principal balance of the homeowner’s mortgage and in addition (through business partnerships) will address and repair homeowner’s credit, negotiate unsecured debt, help increase the homeowners chances of finding work through career training (if needed), (this is called The Full Circle Package) and much more (including the possibility of claim damage awards paid to the homeowner!) for one flat fee
•If a stale mate is reached HPG’s investors will make a cash offer to the lender to buy out the note, or a qualified member of the attorney network will take the lender to court to prosecute found violations at no additional cost to the homeowner beyond filing fees
•When violations are found, the homeowner is in the position of power
•A majority of HPG’s cases will be resolved in as little as 60-90 days
•Arrearages are completely eliminated in addition to a guaranteed minimum 10% principal reduction
If you would like more info
Please contact Mary D
Email moc.evilnull@gphdyram
1-570-992-6630

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