Another modification letter
Ocwen Loan Servicing, LLC
P.O. Box 785057
Orlando, FL 32878-5057
800-746-2936
xxxxxx
RE: Modification of Loan: xxxxxx
To Whom It May Concern:
According to Maricopa County Assessor’s office Notice of Valuation letter, my property is valued at $43,000. My mortgage loan is $83,000. My home is worth half as much as I owe. (See attached Maricopa County Assessors Notice of Valuation)
I received your offer of approved modification – but in fact it is the same payments as before. There has nothing changed in the modification except you have added another $5000 to my principal.
How is this modification if I am deeper in the hole as I was before? I need lower payments so I can afford and stay at my condo – not the same. Other wise I would end up in the same spot with couple of months.
Please reconsider, reevaluate and redo my modification so I can afford to stay in my house and NOT become another statistic.
What else do you need from me to send you? I need lower payments. I have been consistently persistent in this whole process and have done it one my own. I have not paid a “modification company” or some lawyer to help me.
I need this help and I need to be assured that I can keep my house – so my family is no longer I agony about losing our home.
Thank you,
Letter on Loan Modification status
Ocwen Loan Servicing, LLC
P.O. Box 785057
Orlando, FL 32878-5057
800-746-2936
My Address
RE: Modification of Loan: XXXXXXX
To Whom It May Concern:
According to Maricopa County Assessor’s office Notice of Valuation letter, my property is valued at $43,000. My mortgage loan is $83,000. My home is worth half as much as I owe.
I have submitted the last document per your request. I need to find out what is the status of my loan modification. I received a letter of “Notice of Trustee’s Sale” from Quality Loan Service, stating my house will go on SALE / AUCTION on 2/2/2010. I am extremely worried that I will lose my house.
My friend lost his house. My brother lost his house. My family is in tension now that we are in the process of losing ours.
I need to know if my loan is being modified and you are taking action and will stop my house from going to auction. I do NOT want to lose my house. Let me know what else I need to do or provide to satisfy your requirements.
Thank you,
ME
Cc:
YOUR STATE SENATORS, NAME AND ADDRESS