Home Eq Complaint - Home Eq Loan Modification

Review by H4H BS on 2009-01-26
ORANGE COUNTY, CALIFORNIA -- I had to go into foreclosure with my home due to various incidents that included "Hardship" due to unforeseen events. One which was the worst in all aspects. It was an accident that happened to my son on March of 08. He was in a quad accident that almost took his life. My wife lost her job because she was attending to my son at home from the injuries he sustained but to make this story short we ended up with one income which was mine, and it was from having my son and wife out of their jobs due to these events. I had to miss some mortgage payments that brought my home into foreclosure. I spoke to H4H and other housing counselors but all I got from them was some good conversations on how I can save my home but with no actual commitment to help me. I eventually spoke to Home Eq who service my home loan. After months of negotiating with people who don't have a clue about your situation other then notes left by other workout calls I left with the servicers I spoke with over the time of the loan modification it was obvious that they did not want to really help but draw time to their advantage to put my home on the auction block. Currently I'm in Chapter 13 trying to save my home of 14 yrs. I have ran out of resources.

Where is the help. Our family has never requested any state or federal help and I'm not asking for it. I just need to hear from Home Eq. What are you going to do about these type of situations. Don't take advantage of the people. There's still time to make it right.
Comments:2 Replies - Latest reply on 2009-01-27
Posted by Anonymous on 2009-01-26:
We are about to see a real crack down with all these bottom feeding Loan Modification companies that have sprung up in the last year. Most want a huge fee up front then do little to help with the actual Loan Modification. The state can't decide on who should police these scam artists, dept of corporations or real estate. The sad part is how many people are being ripped off and lied to everyday while the state can't decide what to do about it!

H4H BS, there is nothing these clowns can do for you that you can't do yourself with the help of an attorney and talking to your mortgage company.
Posted by Anonymous on 2009-01-27:
I shouldn't have never been able to buy my home for nothing down, which is what I did. Although I am managing just fine because I was practical in my choice, it scares me to think about the people out there who bought homes under the same circumstances and bought way more house than they could really afford-and were allowed to do so. I feel bad, because the people doing the math should have been more interested in helping someone make a good choice for the client instead of thinking about the money that was to be made.

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