Official Upside Down on My Mortgage Thread

[General283]

http://www.nationalforeclosuresettlement.com/

FAQ for Michigan: http://www.michigan.gov/documents/ag...2_376266_7.pdf

Here is the contact numbers for all of them if you have a mortgage with one of the five eligible banks:

GMAC/Ally
1-800-766-4622

Bank of America
1-877-488-7814

Citigroup
1-866-272-4749

JPMorgan Chase
1-866-372-6901

Wells Fargo
1-800-288-3212

[the King]

Here is (apparently) Chase's toll-free number to get answers:

1-866-372-6901
Monday-Thursday: 8:00 a.m.-12:00 a.m., Eastern Time
Friday: 8:00 a.m.-12:00 a.m., Eastern Time
Saturday: 8:00 a.m.-5:00 p.m., Eastern Time

Last time I called there was a prerecording pretty much saying if you are calling about the recent settlement, don't bother us about it, we will contact you if you qualify, now leave us alone

[phillyfan]

Last time I called there was a prerecording pretty much saying if you are calling about the recent settlement, don't bother us about it, we will contact you if you qualify, now leave us alone

1-800-****OFF

[sseelhoff]

1-800-****OFF

Why are you posting my office number in this thread?

[pGekko]

F Dimon and his Wall St. cronies.

[onionpouch]

so to summarize the fairness of this process

mtdman - gets a free house from his bank
general - gets 70k gift from bank
tommyz - underwater, gets to refinance
pgekko - stuck in 7% mortgage, can't do anything
joeking - walks away from house and debt, credit gets jacked
phillyfan - writes huge check when he sold his house

Add me to this list as bringing $32,000 to the closing of the house I'm selling

[the King]

1-800-****OFF

Just called and they have a new recording, "Right about now we are sure you are wishing that your loan was with GMAC, well guess what it's not and you aren't going anywhere because we've got you and your high rate for life, brother. Have a nice day"

[flemgoblue]

I would like to point out that I've never missed a mortgage payment, or even been late on one. So while it's usually the deadbeats that get the Godfather offers, I'm not sure why I got mine. Bamarama trying to buy my vote?

Me too

[Fraze]

What did you do on the website to get an answer?

https://www.chase.com/chf/mortgage/hrm_calc1

Try starting here.

[pGekko]

https://www.chase.com/chf/mortgage/hrm_calc1

See this is apples and oranges. This is not the settlement. This is a standard loan mod.

if you are now struggling to make payments

[Fraze]

https://www.chase.com/chf/mortgage/hrm_calc1

See this is apples and oranges. This is not the settlement. This is a standard loan mod.

I clicked no on the hardship question, and went through to try and see how they "rate" my loan.
I'm trying to get an idea of how they view my loan, because i'm just assuming that if it's not that bad to them, that I won't get the opportunity.

If it is a full blown lottery then it doesn't matter.