I have been working for one year on the modification process. I was approved by Countrywide Mortage back in January of last year.
Then they fell headfirst into the arms of one of the biggest corporate fraud process that is happening right under the nose of the federal government. They lose paperwork on purpose, stretch you out by passing you from department to department. Making Homes Afforedable is ***!!!!! I am done with them as of today the last payment I sent them I just put a stop payment on the check.
Does anyone know how long this process goes on before they foreclose or is it feasable that I can short sell the property. Does anyone else have any experience with this??
Product or Service Mentioned: Bank Of America Loan Modification.
Monetary Loss: $400.