On Thu, Oct 21, 2010 at 8:39 AM, Nick Arnett <nick.arn...@gmail.com> wrote: > They lied to by saying they had no choice because the loan > owner would not allow them to make the modification, admitted that another > division of their own company owns it, then tried to tell us that they could > not disclose who owns it.'
So who does own the loan, and what are their policies on modification? You say "they lied" rather than they made a mistake. So I guess you must know more about the details than you wrote above, since most of what you described (some I snipped) sounds like incompetence to me, not malice. > I don't feel great about seeking a lower interest rate, but indeed I have > threatened to walk away from the house if they continue to screw us around. > They stand to lose a couple of hundred thousand dollars... which I could > save us right now by walking away. Believe me, that is tempting. But I do > think it would be unethical to do that unless they really treat us extremely > unfairly. If what you have described does not qualify as treating you "extremely unfairly", then what does? To me, it sounds like they are incompetent (although in their defense, all of the loan securitizations have made the situation complicated). But since you want to modify an agreement in your favor, you more or less need to jump through their hoops, even if they are ridiculous. _______________________________________________ http://box535.bluehost.com/mailman/listinfo/brin-l_mccmedia.com
