Fight Foreclosure: Make ‘Em Produce The Note!
Posted by admin | Posted in Fighting back | Posted on 04-01-2010
Tags: bailouts, bank of america, banks, equity, FDIC, foreclosure, HAMP, homeowner, housong crisis, Indymac, indymac bank, Indymav Bank, loan modification, loan modifications, Making Home Affordable Plan, mortgage, mortgage meltdown, principal reductions, real estate, Shared Loss Agreement, Short Sale, short sales, TARP, Wells Fargo, wells fargo bank
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If your home is currently in foreclosure, there may still be a chance to save it. As a result of lenders buying and selling mortgages your note could have changed hands several times over the course of the loan. But where is the actual note? In some warehouse somewhere? Make ‘em prove they own the debt they say you owe.
I had been trying to get One West to honor my loan modification that Indymac had given me before they went belly up. Indymac modified my loan and lowered my interest rate and then when One West Bank took over my loan they revoked my loan modification due to the contractual agreement that they had with the