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Monday, April 5, 2010

Web site helps homeowners in foreclosure battle :: CHICAGO SUN-TIMES :: Business

Web site helps homeowners in foreclosure battle :: CHICAGO SUN-TIMES :: Business



People need all the help they can get for this calamity. In all likelihood, those too big banks should become more responsible in helping people modify those loans. Yet time and time again, we hear the horror stories of these banks "Collections Departments" giving people the old fashioned run-around.

They (banks) send out the letters asking for applicants to resubmit documents that people have sent in at-least 3 times already. And yet they make no documentation that people have done everything under the sun complying with these institutions. It's an old lie. "We didn't get it". Or better yet, they give people different phone numbers, once contacted, they give them another number to call.

They got their bailout. There is no cause, or reason for them stalling people seeking a modification. Should all else fail, just walkaway. Who needs the old fashioned run-around from a bunch of thieves?

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