Staving off foreclosure
Donation protected
In the last year I had lost my job, lost my health insurance, had to take on EBT, and had my mortgage payment increase due to high priced homeowners insurance that the servicing company was using. I went to a third party to help me get a loss mitigation. Yesterday I had received a letter from the mortgage servicing company that they will not be doing the loss mitigation. The following is actually first paragraph from the letter:
"Thank you for contacting us about your mortgage. Based on a careful review of the information you provided to us, unfortunately you are not eligible for an alternative to foreclosure. Our review indicates, although you may have a hardship, you do not qualify for any available loss mitigation options. Your account is presently due for the March 1, 2019 payment, and all subsequent payments. As of February 15,2020, to reinstate your account you must pay $5,770.22, which includes all past due payments and late charges. If your account is in foreclosure, there may be additional fees that need to be paid in order to reinstate. Contact your Account Manager at [phone redacted] for a detailed reinstatement amount."
Looking down at my March 1, 2020 mortgage statement amount it says as of 02/10/2020 Amount Due $8,634.22
On Tuesday March 3rd at 9:00am I go to the clerk of the court where they will foreclose on me.
Long story short. I only have $1,000.00 in Savings and -$99.72 in checking. Far from the amount needed to bring it current. It's not even enough to put a deposit on an apartment and pay to move. I hate having to do this but I have to put foolish pride aside and basically reach out and say "I need help." Thank you for at least reading this. Robert (Bob) Verner
"Thank you for contacting us about your mortgage. Based on a careful review of the information you provided to us, unfortunately you are not eligible for an alternative to foreclosure. Our review indicates, although you may have a hardship, you do not qualify for any available loss mitigation options. Your account is presently due for the March 1, 2019 payment, and all subsequent payments. As of February 15,2020, to reinstate your account you must pay $5,770.22, which includes all past due payments and late charges. If your account is in foreclosure, there may be additional fees that need to be paid in order to reinstate. Contact your Account Manager at [phone redacted] for a detailed reinstatement amount."
Looking down at my March 1, 2020 mortgage statement amount it says as of 02/10/2020 Amount Due $8,634.22
On Tuesday March 3rd at 9:00am I go to the clerk of the court where they will foreclose on me.
Long story short. I only have $1,000.00 in Savings and -$99.72 in checking. Far from the amount needed to bring it current. It's not even enough to put a deposit on an apartment and pay to move. I hate having to do this but I have to put foolish pride aside and basically reach out and say "I need help." Thank you for at least reading this. Robert (Bob) Verner
Organizer
Robert Verner
Organizer
Clayton, NC
