Have now been told that I am not eligible for HAMP due to NPV Value - even as the loan modification officers work this through with my hope now Councellor. I have had three successful applications and now the letter says that they are reviewing other options. No form of escalation seems to matter in that now - since BOA has lost my file for 7 months, after a mod was promised in Jan, then May.

Additionally, the Loan Servicer is demanding IRS documents that are not necessary or pertinent to my modification application or case.

I am so frustrated, sad, i am seeing a Dr. and am resisting medication for depression.

SUBMITTED A LOAN MOD APPLICATION PACKET ON 10/12/2010 - Which was a GENERIC APPLICATION even though my HOPE NOW advocate was told we are going straight to UNDERWRITING.

BOA does not acknowledge 11 mos of FOREBEARANCE payments, and cannot document the PAST due BALANCE that they inherited from WILSHIRE in Feb 2010. I wrote wilshire - 3x to ask for a LOAN history before they approved my mod in January, and then sold my loan a week later.

BOA - has my fourth financial statements in a year and I AM WAITING for Michelle Lewis to call me back who is supplosedly from the EXEC CEO office.

I am aslo THRILLED to no extent that BOA has halted the foreclosure sales indefinately UPON huge outcry from the thousands of US out here who have played by the rules, onlyto be ignored an humiliated. Lied to and led to believe in HAMP.

I have now had a case opened on my behalf by the OCC against BOA. I want this done and want to be an advocate for those whose homes are taken from them.

UPDATE 9/15/2010 - MY HOPE COUNCELLOR has told me that BOA said I was PRE APPROVED FOR MODIFICATION in MAY and they are CHECKING why I have not recieved DOCS. WOW. IM sick - cant sleep and cant believe this.

WILL THEY MAKE it happen? Will they give me my approval as it WAS IN JAN. They can - REDUCE PRINCIPAL = go as low as 2% for 40 yrs. WILL ANYONE help me figure out HOW to leverage!

UPDATE 9/13/2010 - I have been told my FILE is on the PRESIDENTS desk - after ESCALATION. I have not gotten the FORECLOSURE notice but anticipate it. AFTER one approval and 2 sales of loan - and 5 officers - I AM BEING foreclosed on while awaiting my LOAN MODIFICATION. I cannot sleep. I worry constantly and I am sick to death of waiting and reading about this program not working. I PRAY it works NOW for me.

THIS PROCESS IS GOING FORWARD AS OF 9/9. I have requalified under OBAMA's Making home affordable PLAN three times. I have paid on my home myself for 15 years straight. I applied in 7.09 and WAS APPROVED in 1.10 then before docs issued loan was SOLD> to BOA.

THERE IS A Class action SUIT in S Texas. I am encouraging ANYONE who has issues with Wilshire and BOA on HAMP waiting for a MODIFICATION while facing FORECLOSURE to contact me. I am gravely injured by them.

WE HAVE A NAME AND email of the third BOA servicer - who is OUT OF OFFICE till 9/20/2010

BANK of America - Posted a Press Release on August 18 claiming to be leading the HOME LOAN MODIFICATION process. I DONT AGREE. MY mod was approved in January by the old lender before the loan was SOLD TO BOA who will not acknowledge my communicatoin, 11 mos of payments - and my NATIONAL HOPE NOW ADVOCACY.

I AM STILL "being considered" for a MODIFICATION - YET the COLLECTIONS department have the right to force sale and has ACCELLERATED FORECLOSURE. In tx if it goes forward my home sells on 10/9.

I have lived here 17 years. SWF. MADE ALL PAYMENTS ON TIME PRIOR to Divorce and job loss in 2005.

NOW WE ARE TOLD ONE MONTH PRIOR to A POSSIBLE foreclosure that I have another NEW loan MOD councellor at BOA mary at HOPE now was able to find this out after 4 calls last week.

MY HOME is my LIFE. I have been here for 16 years and paid every payment myself. WHEN the divorce forced the refinance - I went from 3.5 interest with NATIONAL CITY to 8.3 with WILSHIRE - then BOA. Adding 240000 to the overall term and 15 years.

HAVE COMMUNICATED WEEKLY and DOCUMENTED to BOTH WILSHIRE and BANK of AMERICA. Wilshire at least would communicate and HAD A MOD for me. BOA demands payments double what my mortgage was without communication and says no MOD is guaranteed.

PREDATORY lending - BOA - you dont want my home - I DO... It needs ROOF, UPDATES EVERYWHERE - inside and out. Flooring, Paint, Fixtures - YOU NAME it - it needs it -

Are you wanting me to file another Bankruptcy just so I wont be HOMELESS and force you to NEGOTIATE with me? I KNOW YOU ARE BUSY - .............

My three dogs, my two elderly horses - and myself - we have been here FOREVER. PLEASE MAKE HOME MOD .
I have paid for this home and CAN PAY FOR IT but I HAVE BEEN CAUGHT IN YOUR PAPERWORK CRACKS and been lied to and lost FAITH.

Mary.Boynton@moneymanagement.org - HOPE NOW is MY ADVOCATE and has NAVIGATED this For me, THE 300 plus phone calls - registered letters... yet she says BOA will proceed and is TOO big to CARE about the individual - it has been ESCALATED at NATIONAL HOPE NOW due to BOA lack of COMMUNICATION and failure to MAKE a decision.

IS THE PROCESS is going to FORCE me to FILE a bankruptcy TO REMAIN in my HOME. PLS HELP BY VOTING FOR MY CAUSE!

http://www.homespace.com/uncategorized/bank-of-america-faces-class-actio...