I am a foreclosure prevention specialist and I volunteer at the Fair Housing Council of Orange County (a HUD agency). It sounds like you need help. Please call me at (949)291-1708 and I can help assess your situation; or you can contact the Fair Housing Council directly. They are located at 201 S. Broadway, Santa Ana. Phone: 714-569-0823. You can also visit my site at http://www.CaliforniaLandandProperty.com or click on the fair housing link I have provided.

Rita Moriarty
Broker Associate
Realty Benefit
949 291-1708

Why do you need a loan modification?

Your loan modification can be 60-90 for approval. Your loan is consider top on the list base on credit score and the detail of your loan and the information recieved from you to the company. Be patience and call your loan represenative

I bought a home from WaMu and they were absolutely clueless! Their right hand has no idea what the left hand is doing. I don't know if they are going under, but I personally would avoid doing business with them.
I also would not hold any shares of their stock, either. In my home purchase WaMu was so unprofessional, that they lost money on the deal even though I tried to pay them more for the house. In the end, I got a very sweet deal on the house and WaMu probably lost about $200,000-$350,000 in the transaction. Maybe they didn't care because they new that the government would bail them out.

We've only seem the tip of the iceberg with banks both investment and commercial. Not only are they buried in REO's and short sales they have liquidity problems and massive write-offs in the trillions. This is why we are having the credit crunch along with the other economic ills. We will not see a turn around in the housing market until all of that bad debt is quantified and valued so the real losses will be known. Bad lending standards and cheap money caused this yet nobody saw this coming? Yeah right... It's not rocket science you either can aford a home or you cannot.

sorry....bob mcclure- (248) 974-4444....call me anytime...........

Most banks are swamped right now, and not everyone qualifies for a loan modification. You need to communicate with the bank, and specifically, the people that got your paperwork going. I would call everyday until I get some answers. I know that for my clients and me, the first and second requests for info rarely gets answered, especially with banks like WAMU, Indy Mac, and Countrywide. I keep calling until I get results.

Hang in there.

Jeremy Lehman
Century 21 Beachside Realtors
Jeremy@LehmanHomes.net http://www.LehmanHomes.net

Elena,

This is a very difficult process and both previous answers are correct. I do this everyday for my clients and it can get frustrating, but keep calling. If you need any help or advise you can call or email me below.

Joe Homs
Realty Partners
joe@joehoms.com
949-394-0149

You have to keep calling them. Ask for a manager or supervisor. Sorry there is no easy fix. The squeeky wheel gets the oil.

hi.........they are all buried in reo's.......and mod's........have you filled out the paperwork?.or not?.bob mcclure.....mortgage now- farmington, michigan.....(248) 974-444..........