Trial Re-Mod & You Being Kicked To The Curb

Hi People.
If you are one of the 450,000 people who are in the President's HAMP (Home Affordable Modification Program) program (redundant) you better make sure that all of your paper work is in. More importantly, you better make sure that your paper work is in and that the bank did not lose it (oh, it happens brother). Also, it wouldn't be a bad idea to make sure all of your payments are straight.
Companies that service the mortgages have until Jan. 31 to review all trial modifications that have been underway for several months. During the review period, servicers must determine whether borrowers have made all their payments and have handed in all the necessary paperwork. Those who haven't will get letters giving them 30 days to comply. The goal is to clean up the backlog. With that much cleaning going on there will undoubtedly be someone who was swept outside when they should have been left inside (couldn't think of a better "cleaning" analogy).
So, stay on your servicer. Make sure they have all of your documentation. Make sure they acknowledge that you have been making your payments on time. Try to get this in writing, or at least an email. These servicers/ banks are overwhelmed with short sales and re-modifications. The person working your file has another 150+ files that look just like yours. He is over worked and under paid and his boss is yelling at him and the home owner is yelling at him and his wife is leaving him and his son is on drugs and his daughter is dating a guy from some band. If he comes across a file that isn't right it goes to the bottom or even the trash. Make it easy on the poor bastard.
To read more about the good times a comin', click on the title.
God Bless.