I've been trying to get a loan mod since november 2011.. Has anyone had success with this company, if so, please share!
It's not likely you'll get the response you're seeking if you only email the CEO. In my experience, mailing a letter is much more effective.Hi Evan thanks for passing along those links. It seems as if SLS is dual tracking me because a notice of default was issued on our property on 10/4/13 while I am in the process for a loan mod? So no, I haven't been told anything about not qualifying for HAMP. They actually said today that my loan mod was denied because of excessive forbearance. I'm going to email the CEO John Beggins and see if that will get me anywhere!
You definitely should file an appeal immediately showing that they valued the property too high and your husband's income was understated. Keep in mind that if he's a W2'd employee they are going to base his earnings off his current YTD to determine an average, not what he made last year or the year prior. Here's the NPV calculator, plug your correct numbers in there to see what you come out with.And denied for tier 2 based upon a negative NPV. BUT, they had my gross income understated by alot, and property valued too high. So, I'm going to try the appeal process and say their numbers were wrong but does anyone know of an NPV calculator that can help me identify what numbers may work? My husband has changing gross income ranging from $6000 to $8500 per month because he works for the studios. I believe they have a hard time assessing his monthly gross.. we have tax returns that will prove an average of $7500.
Thanks for that. I trust your loan mod application package is complete, i.e. no missing documentation, and is currently under active review.Homeowner Bill of Rights
The bill would prohibit a mortgage servicer, mortgagee, trustee, beneficiary, or authorized agent from recording a notice of default or, until January 1, 2018, recording a notice of sale or conducting a trustee's sale while a complete first lien loan modification application is pending,