HAPPY to support you, Gail, oh mutual friend of Debbie Gartner's and a fellow "victim" of bank neglect.
Just a couple of suggestions that include (in Conn. I hope):
1) Homestead your house, by filing in your County with a "Hardship" situation. Go to the County's department where homes/deeds are registered/filed. You may need a lawyer in letigious states like NY, but this should protect your family's home from bankruptcy and foreclosure. A reverse mortgage might also accomplish this ...but you're a realtor and know more than I do about such steps.
2) Call B of A's CEO / CFO and talke to their DIRECT asst!! After my husband and mom were put through hell and nearly 120 days of a cross county "paper chase" and run around at Wells Fargo Mortgage, I called my hometown. I reached WFBs CEO's office in San Fran and reminded them that my Dad had held an account with them since he got off the boat from Korea in 1958. I also suggested that I get on the Web, on every site and reach all of my friends to tout their lack of customer service...this as we were moving my parents in (Dad has Alzheimers disease.) Parents were literall on the way, couch surfing to us until we Closed, and the moving truck was in route from West Coast, so we HAD to close -- like you do with your loan mod!!! Or, they could get my loan processed "YESTERDAY," and I might reconsider. We had our loan the next Monday.
Gail, my sweet, ya' poor baby and so sorry for your husband...and my Father, who had to short sell his home and move back to NY with us. May all of these banks rot in hell where their Tarps should drown them...in paper, like they do with us! How many forrests of trees must die??!
After three years of filling out loan modification paperwork and sending it in, I was informed via a phone call today from Bank of America that my loan modification was declined on 2/1/13 as I didn't submit all the documents. Bank of America continues to state this as a reason for declining my loan modifications, but I give them everything they ask for and then have my HUD counselor review it for completeness. Anyone who knows me knows how organized and detail-oriented I am. I have a Ph.D. from Columbia University and that required an incredible attention to detail. I know I submitted all the documents required as I carefully reviewed every request and my HUD counselor, Michael Haynes, of the Neighborhood Housing Services of New Haven reviewed them.
This seems to me to be a bogus excuse. I think they just don't want to do a loan modification. Although why BOA would want one more foreclosure in Bridgeport, Connecticut is beyond me. They aren't going to sell the home for more money than I would pay for it. I bought this home at the peak of the market in 2005 and paid $400,000. It is now worth no more than $250,000. I'm earning a good income now, my income tanked when my husband became ill with pancreatic cancer three years ago and our expenses have been high due to the cost of medications, travel, and treatment. We also lost his income when he became ill. We were both in real estate and the market downturn left us with less money at a time when we needed more.
As you know, my husband has Stage IV Pancreatic Cancer and he is getting hospice care in our home. I haven't told him yet that our home is going into foreclosure. BOA says to consider a Deed in Lieu of Foreclosure or a short sale and just leave, but my husband wants to spend his final days in his own home. Is that too much to ask of a big heartless organization? Probably. But don't you wonder where all that Mortgage Settlement money went to? Weren't the lenders supposed to be doing more loan modifications instead of allowing homes to go into foreclosure? What the heck are they doing with that money anyways???
It makes no sense at all to me, but my hope is that if you would reblog this post that BOA will notice it on social media, reconsider their decision to foreclose, so that I don't have to tell my husband that our home is going into foreclosure. He's been going through a tough time over the past few weeks and my fear is this will cause him enough stress to push him over the edge emotionally and physically.
I trust in the power of AR to get the word out and in your love and kindness to support me at this time as I try to be strong for my husband. Thank you.
6 PM 2/9/13 UPDATE: Two Social Media managers from BOA contacted me today and my case will be sent to their Escalation Team. I will know more on Monday and will post an update in a new post. Thank you all for taking the time and effort to reblog, Tweet, share on FB, post on Google+, and for your comments/calls/e-mails. AR may not be a face-to-face group, but we are a community in the true sense of the word - a group of people who care for one another and help each other in their time of need. Thank you my AR family from the bottom of my heart.