I live in Dutchess County, Dover Plains, NY. I have been trying to save my home from a sub-prime loan. Bank of America refuses to listen to me! My house is way underwater and since the housing crash, my home has dropped in value by at least $94,000.00. I owe $242,000 and my house is only worth $148,000. I’m behind in my mortgage by $80,000 on top of the late fees they want to tack on to my loan.
I have been asking the bank to modify my loan since Sept 2008 and still NO HELP! They have given me the run around and made me sick from STRESS. In October 2009 I received foreclosure papers. I have tried everything for them to help me. Hudson Valley Foreclosure prevention (the woman there dropped the ball, I thought she was helping and she did nothing for a year) I won the HUD lottery to get money but then they realized I owed more than $50,000 and they decided not to help. The job market is not what it used to be, I went from earning one salary in 2008 and now I’m making half of that. In the middle of all of this I broke my ankle and shattered my foot on Christmas morning 2008. I sent in the “Making Homes Affordable” paperwork at least 6 times. They keep misplacing it. I even wrote to the President, his office said to fill out the “Making Homes Affordable” paperwork, that I was eligible. The government keeps giving Bank of America money but WHO IS GETTING THE HELP?????
August 2011 I declared bankruptcy. I hired a lawyer to try to help me save my home. He has gone through a loss mitigation hearing (2/29/12) and still no word from the bank which is now Bank of America, NA. The bottom line is there is a problem with my mortgage, my lawyer found that one of the companies that signed the note had been bankrupt for 2 years before my mortgage. Something shady is going on and Bank of America will not own up to it and therefore I am suffering. I have pets that I don’t want to lose. No one will rent to me with them. I don’t know where to turn.