Robo Signing victim

[jerelj]

In 2009, I became 30 days late. Called BOA and explained my situation. The rep told me about a modification. She said the only way I could be approved was if I was 90 daus late. She told me skip the next two payments and my payment will be reduced permanently. So foolishly I did. Well I called after 3 months to apply. I was told I am not to make any payments while waiting on approval. I asked several questions about that and was told that if I kade payments while waiting on modification it will be denied because the bank will assume if I can affores to continue to make these payments I don't need a modification. So every month I called to check on the status. Finally after 4 more months I was told verbally that the modofocation would not be approved. I sucked up my pride and moved my family into a rental. I accepted at that point that I lost my home. By the way, this was a conventional 80/20 loan.

 

6 months after I moved out in Dec 2009, I received a fedex package at my rental from bank of america. They approved my loan modification. I calles and followed all steps and moved back in January 2010. Made my first new payment of $840 on Feb of 2010. Made March's payment, then in March, received another fedex letter stating that I now wualified for the making home affordable program. My payments were now $682. It was a trial plan and if I made all payments ontime it would he converted. O had to send in bank statements and check stubs and sign and have notarized the documents. Made trial payments on time. I had to submit income and bank statements several times cause they kept "loosing" my faxes. After the third payment I called and asked when will I receove permanent documents. I was told to keep kaking trial payments because.they were behind. I made payments until September. 2010. September 17,2010 I received a fedex package saying I no longer qualified. It was a foreclosure document. After several weeks of calling noone knew why I was denied or foreclosed on. Found out it was due to ROBO SIGNING. The bank made up an excuse saying they didn't receive a check stub and that's why they foreclosed.

 

Property sold 3/2011 back to bank at foreclosure auction. Credit was ruined and I couldn't get a pencil in my name. Last year I got a capital one credit card and a installment loan. Pay all ontime. Never late. But my credit score kept decreasing. I pulled my report and found thay BOA was reporting monthly on the 2nd mortgage over 120 days late. I want to get the VA loan this year.

 

I participated in the independent foreclosure review. Received a settlement and am receiving a settlement from the national mortgage settlement. Disputed credit reports, file complaint with the OCC and the FTC. Called bank of america and filed a complaint about them still reporting even though it was proven I was a victim of robo signing. They told me today they corrected it and can take up to 60 days to report on credit report. They also told me they corrected the primary as well. Does that kean they are removing both? Heard similar stories where they removed foreclosures after this settlement this year. Right now my scores are horrible. 495, 508, and 535. Will a corrected report removing the foreclosure get me a middle score of 640? Even though i pay the bills I do have(capital one and installment) why isn't my score going up. Its going down every month. Is it because as of april of this year BOA is still reporting negative? ?? Also I have a repo in 2008. Do I need to pay that off? Sorry for long post, but I had to explain my situation. Also sorry for any typos. Using my cell.

[deadbishop]

Did they remove it yet?

[lukegotswag]

In 2009, I became 30 days late. Called BOA and explained my situation. The rep told me about a modification. She said the only way I could be approved was if I was 90 daus late. She told me skip the next two payments and my payment will be reduced permanently. So foolishly I did. Well I called after 3 months to apply. I was told I am not to make any payments while waiting on approval. I asked several questions about that and was told that if I kade payments while waiting on modification it will be denied because the bank will assume if I can affores to continue to make these payments I don't need a modification. So every month I called to check on the status. Finally after 4 more months I was told verbally that the modofocation would not be approved. I sucked up my pride and moved my family into a rental. I accepted at that point that I lost my home. By the way, this was a conventional 80/20 loan.

 

6 months after I moved out in Dec 2009, I received a fedex package at my rental from bank of america. They approved my loan modification. I calles and followed all steps and moved back in January 2010. Made my first new payment of $840 on Feb of 2010. Made March's payment, then in March, received another fedex letter stating that I now wualified for the making home affordable program. My payments were now $682. It was a trial plan and if I made all payments ontime it would he converted. O had to send in bank statements and check stubs and sign and have notarized the documents. Made trial payments on time. I had to submit income and bank statements several times cause they kept "loosing" my faxes. After the third payment I called and asked when will I receove permanent documents. I was told to keep kaking trial payments because.they were behind. I made payments until September. 2010. September 17,2010 I received a fedex package saying I no longer qualified. It was a foreclosure document. After several weeks of calling noone knew why I was denied or foreclosed on. Found out it was due to ROBO SIGNING. The bank made up an excuse saying they didn't receive a check stub and that's why they foreclosed.

 

Property sold 3/2011 back to bank at foreclosure auction. Credit was ruined and I couldn't get a pencil in my name. Last year I got a capital one credit card and a installment loan. Pay all ontime. Never late. But my credit score kept decreasing. I pulled my report and found thay BOA was reporting monthly on the 2nd mortgage over 120 days late. I want to get the VA loan this year.

 

I participated in the independent foreclosure review. Received a settlement and am receiving a settlement from the national mortgage settlement. Disputed credit reports, file complaint with the OCC and the FTC. Called bank of america and filed a complaint about them still reporting even though it was proven I was a victim of robo signing. They told me today they corrected it and can take up to 60 days to report on credit report. They also told me they corrected the primary as well. Does that kean they are removing both? Heard similar stories where they removed foreclosures after this settlement this year. Right now my scores are horrible. 495, 508, and 535. Will a corrected report removing the foreclosure get me a middle score of 640? Even though i pay the bills I do have(capital one and installment) why isn't my score going up. Its going down every month. Is it because as of april of this year BOA is still reporting negative? ?? Also I have a repo in 2008. Do I need to pay that off? Sorry for long post, but I had to explain my situation. Also sorry for any typos. Using my cell.

 

Did they remove it yet?

bumping as i was just as curious if you have seen the removal for that reason up to this point...