All I have to say is dear God I need a vacation! Ok So I get a call from our negotiator yesterday which turned in to a massive nightmare that I may NEVER live down! Ok Well here goes nothing and I hope and pray that you can follow........
Mr.Nicholas calls my phone around 2 yesterday afternoon and tells me that he has the terms of our new mod and they are as follows 5.875% interest rate (what it has been since we modded the loan in 2008), extended the term of the loan to 40 years (great I will be 70 when it gets paid off), HERE is the KICKER from HELL Payment amount is $841.75 (THAT IS NOT LOWER THAN WHAT OUR PAYMENT IS NOW!) Our payment BEFORE the mod is $768.19......................that being said how in Gods name is that significantly lower payment as he stated in the phone call on I think it was Monday? It isn't even close!!!! On top of that he tells me thats a great chance since our loan was due to to adjust its rate terms in 2012 and I about had a coronary our loan ha NEVER been an adjustable rate loan. I do NOT know where this came from and asked him to find the documents stating that and send me a copy of them and low and behold he cannot find a copy of our documents that we signed. He said Oh i can see the change of deed of trust but cannot find anything stating that fixed rate and cant find anything supporting the adjustable rate mortgage either. So what does Mr.Nicholas tell me, Oh don't worry about it now you have a modification on the loan so there's nothing to worry about it wont ever adjust. I FLIP on him telling him he has really lost it and needs to find supporting documents stating this. On top of the adjustable rate mess GUESS WHAT ELSE IS REALLY PISSING ME OFF.................He stated that the modification that we were denied for in 2010, the one for the incorrect notary seal was approve and retroactively implemented in December 2010. I said DO WHAT???? Then he tried to tell me "Yes, ma'am closing took till Dec 2010 to implement the modification that you signed in Dec 2009!" Then he tells me that we have not made a payment since November 2009 I Flipped again! Because I have supporting documents stating otherwise and he has no clue who he just upset. I need advice I need help I dont know what I need at this point but you had best believe that I contacted the senators office with this new information. On top of that he gave me a different set of dates that the CEO and Presidents office didnt give me. How many sets of books does this company have and how many do not co-inside with each other? My Lord someone give me a break!
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