posted October 17, 2011 01:01 PM
There's something wrong with this story.
When mortgage payments are late..a week, 10 days or 2 weeks after the due date, the mortgage is in technical default.
From that time, and with notification, a 2-3 month period runs in which the homeowner is permitted to make up any past due payments.
This story states only 20 days elapsed before the mortgage servicing company refused to permit the late payment to be made.
I am sympathetic about one factor in the ongoing story of O'Bomber's fraudulant "loan modification" process. It's almost impossible to get a loan modification...even on a Fannie Mae or Freddie Mac mortgage loan.
Best bet: hire an attorney at the first onset of stalling or denial. In other words, if your cause is true and correct, go straight for the throat and make sure all your legal rights are observed by any lender or loan servicer.