Re: Foreclosure Sale Next Week..Help!

Posted by NJDave on March 25, 2008 at 13:39:00:

In Reply to: Foreclosure Sale Next Week..Help! posted by MeMe on March 25, 2008 at 13:10:08:

Youch!

Firstly, up until the part where you wrote Mr. Spears had contacted Saxon and inquired about a short sale...
I didn't see anything too untoward. Mortgage servicers are complex organizations, and I have found (and wrote about) how screwed up they are when providing information to borrowers or authorized third parties gleaned from a calling center computer screen. Like one hand not knowing what the other hand is doing.

Mortgage loan servicers are always losing files, ignoring emails, not returning telephone calls, etc.

I am working with one mortgage loan servicer who is about to lose its interest ($145,000) in the property because of an ignored tax sale. And it simply doesn't care.

If you can afford an extra $300 or so each month, call your lawyer and find out if the bankruptcy can be reinstated or refiled. ASAP

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