Mortgage Forum

Joel Fraser

I submitted my "Loan Modification" option package on 4/1/2008 via fax, email and USPS certified Mail to ensure receipt. I received a mail confirmation or receipt and request for additional information in about 2 weeks. It was advised that it could take 6-12 weeks for process, review and approval. Needless to say it's going on 120 days and I haven't received a clear word on this. I call everyday, I talk to a Representative and get the same answers. "Currently in it's final stage awaiting final approval.." Iit's getting old. I'm stressed out and very frustrated. At this point I am mailing in good faith payments but they don't even seem to be applied to the mortgage payment, I have incurred late fee's and everything else that comes with it.