Martin Andelman writes today chronicling the insufferable ignoring and avoidance of one homeowner by a well-known mortgage loan servicer. Specifically, this lender/servicer initially was bound by the Making Home Affordable Program. Just as soon as they could, they bought their way out of that obligation. Coincidentally, obtaining beneficial, affordable mortgage modifications became almost impossible. I’ve heard many stories similar to the homeowner’s experience here.
Now, I’ve decided to omit the specific lender out of my posts. If the reader insists, they can click the link to the article. My point is that it really doesn’t matter who the lender is. Every one of them, save a few local credit unions that are much more beholden to local mortgage holders, are doing everything they can to stall and avoid any loan modifications. I hear and see a host of avoidance methods every day.
A national attorney like the ones I represent would prevent the story from occuring if the homeowner had enlisted one (like mine). Mr Andelman has stated that in the past, and essentially states it again here.
In this case, a court judge found the lender/servicer’s behavior “Mortifying abuse… completely devoid of good faith… harsh, repugnant, shocking and repulsive. The judge described Ms. Dickinson (the lender’s representative in court) as having an “opprobrious demeanor and condescending attitude”. Mandelan actually looked up all these words. I say don’t bother. The reader can probably guess that none is good.
One interesting point here is that the bank can lose any document they choose to stall a mortgage modification. They can say they mailed an approved mortgage modification package back to the distressed homeowner.
No one has yet to hold a lender/servicer to account for those claims. I can say however, that no lender ever says that to my national attorneys. Funny how they can lose any homeowner-submitted documents, or those of the government vaunted free mortgage modification services. But they never, ever seem to misplace our national attorney-submitted documents. They never seem to lose any new mortgage application documents either. Coincidence? Hmmmmm………….
If you have the time and curiosity to read the particulars, help yourself.
If you’re a distressed homeowner, call me or submit my form and I’ll usher you to the front of the line after qualifying you with our US Dept. of Justice-approved software.
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Originally posted 2009-11-25 22:00:56. Republished by Blog Post Promoter
