Samir
Be aware of scammers.
Here is a link to home counselor that might be able to help.
They are HUD approved.

http://www.hud.gov/offices/hsg/sfh/hcc/hcs.cfm?webListAction…

Best of luck,
Jes S.

We will buy your house! No cost to you!

We need to get more information about your house and if it fits our criteria, we will buy it from you. If it requires a Short Sale negotiation with IndyMac we will handle all of those details. There is absolutely no cost for you to work with us. During the negotiation process, you stay in your home, and save the funds you would have normally spent.

Contact me with any questions or concerns,

Max Hunter
Benton Team
562-230-4124
office@bentonteam.com

You have the entire world in your corner and just need to know where to attack the lender. They may be found to be operating unlawfully through an ABS trust. A working relationship with whoever won’t help you.

Some of you may remember me. I gave the readers of Trulia the inside scoop if you will, over a year ago and that’s documented. I moved on. But the abuse I took from readers and Trulia management was obscene. You questioned the short sale misrepresentations by lenders, questioned our victories in and out of court. Failed to see the significance of our arguments. Did not want to hear about your rights to press allegations of unlawful activities by the parties. It was Polly Anna Thinking.

So, ask this question again....FAS 140-3 under FASB documented provisions for accounting for transferred assets. Also SEC commission enforcement of violations under 1122AB. We have documentation at your disposal. Just be aware and research things yourself. Lots of water tank philosophers and coffee-clutchers here looking to circumvent one rights. But it’s all good (I guess...Freedom of speech).

My point, write a loan modification the way you see the loan should have gone down..Not what they want to offer.

Good luck
admin@borrowerhotline.com http://www.borrowerhotline.com

Samir,
I have a working relationship with IndyMac, which is now One West Bank's, senior management. I have successfully negotiated short sales with IndyMac / OWB, should that be the option required to reslove your hardship. I am currently assisting a client, where IndyMac / One West Bank services the loan for Fannie Mae, which has their own rules regarding Loan Modifications and Short Sales.

You have several options to avoid foreclosure, however now that the NOD has been issued you need a professional experienced in postponing the NOTS. I am experienced in anaylzing your financial situation, which will be required in order to show you the options & programs available to resolve your hardship. I am current on President Obama's Making Homes Affordable" Streamlined Modification Program" and can provide you guidance on this program.

Please feel free to contact me for a free consultation, this is a very complex situation with to many variables to provide you with an indepth answer to your question. At this point it's unnecessary to pay attorney fee's, should your situation require an attorney I have a great referral.

Sincerely,
Gary Ricco, Certifed Distressed Property Expert
Keller Williams VIP Properties
661.290.3837

Click on this link to read a blog I wrote in regards to foreclosures:
http://activerain.com/blogsview/1096651/santa-clarita-realto…

In general after 3 months of non-payment lenders will commence foreclosure proceedings. It starts off with a Court summons and is recorded in public records as "Lis pendens". You want to answer the summons. If you can't afford a legal consultation at least write your own letter and mail it with registered mail. While this foreclosure process is going on - it can go on for quite a while months and sometimes years - during which time you may try to effect a loan mod, or short sale. You can do a loan mod yourself just communicate ontime with what is asked. You can also hire somebody to do it but be careful whom you hire and don't pay upfront fees that are not refundable if it doesn't work out. Do your homework. Rule of thumb: If your monthly gross income is less than the modified payment, you can't afford the home, Do a short sale instead with a Realtor specializing in this field.

When doing a loan modification having legal representation is the only way for someone to get moved to the front of the line. Mortage companies are swamped and unless you have the backing of the law on your side more time than not they will ignore your request.

I have provided a link to my company. For a low monthly fee you can get this representation in support of your loan modification. As well as review of your notice of default. The mortgage company has lawyers working for them, you need the same.

Please contact me with questions