Claimant says: "I started a loan modification in February, 2010 with EMC Mortgage. I was told my payments would be reduced, which they were, during my temporary modification. I made these payments early each month as I was told. As the process went along they had me send in all of the paperwork three different times. After three months of this, I called to find out why I had to keep doing this. I would get a different answer every time I called. Finally, I found out that my paperwork had not been touched, and was still sitting on”
...Show more »
Claimant says: "I started a loan modification in February, 2010 with EMC Mortgage. I was told my payments would be reduced, which they were, during my temporary modification. I made these payments early each month as I was told. As the process went along they had me send in all of the paperwork three different times. After three months of this, I called to find out why I had to keep doing this. I would get a different answer every time I called. Finally, I found out that my paperwork had not been touched, and was still sitting on a desk. At this point I was beside myself. At the urging of a real estate agent, I decided to try a short sale. After 45 days, I was told it had been denied. As my realtor had advised, I stopped making my payments during the short sale The last resort-retaining an attorney to take over. Another 30 days went by and the attorney sent a letter stating he could not represent me because of Colorado law. Shortly after this, I receive a letter stating my home is in the foreclosure process. I thought I was doing the right thing by modifying my loan, as I was put into two bad loans. It ends up my mortgage company forced me into foreclosure and now I am loosing my house.*” ...Show less »