Replies to This Discussion

Permalink Reply by cat on October 10, 2012 at 12:09pm

Arizona.  In reading up on a QWR, it looks like they have 5 business days to acknowledge the letter and 20 days to respond.  By then, my seller will be foreclosed on.  I am trying to find out a way to contact freddie other than that 800 FREDDIE number which appears to be a total waste of time calling.  thanks for your help

Permalink Reply by cat on October 10, 2012 at 1:02pm

OK, I was reading many many many discussions about this and it seemed like a lot of people never got a response and if they figured it out, they didn't post the answer.  So, let me tell you what I found...I finally called 800 FREDDIE and pressed OPTION 2 this time.  After some music, I pressed OPTION 1 for English speaking as that is the language I speak.  When I got a FMAC rep on the phone, we conferenced in my seller.  She took a lot of info from me, and it sounded like there was a chance to postpone the FC.  She said it could take from 24 hours - to the time and date of the scheduled FC, but it was possible.  I sure liked that answer better than what hase was trying to tell me.  I will update this forum when I get more info....

Permalink Reply by cat on October 12, 2012 at 11:48am

OK, now I am getting the run around.  I thought Freddie Mac was "COMMITTED" to helping America's Homeowners, apparently not!  They are telling me now that I need to talk to CHASE to find out if the postponement has been approved.  They are saying they don't have that info.  Meanwhile, CHASE is telling me they don't have that info either.  What's up???  So now, we are working with our Congressman to get it postponed - this is CRAZY!!!  Aren't our congresspeople supposed to be doing more important things????  I will update this again on monday.

Permalink Reply by joe beauchamp on October 12, 2012 at 12:21pm

Camille, you are probably doing the best thing. You've escalated through the best paths and found what makes these people tick - and it is not helping homeowners or America. If at first it doesn't seem to be going your way, you should assume that you need to battle however you continue. Few people in that chain are really there to help you. Your congressman also gets a ton of $$ from banks for his re-election. Don't expect him to necessarily hop right on over to help you against a bank. If you think Freddie or Fannie plan to help, look at their plan to help starting next month - they will speed short sales by refusing to pay more than $X to a 2nd mortgage and refusing to allow any short sale where the 2nd refuses to release the debt. And that helps people how?

I think you are going down the best paths, painful as they seem. Several years ago, I bought a house which was supposed to be foreclosed in the next couple of days. The seller had an attorney go to a local judge to ask for a postponement. Judges don't necessary like banks and they do seem to care about people at times. You might skip the big boy games and go to someone local like that. How bad can it be for a judge to hold off a foreclosure right before elections? Maybe the CEO of BofA wouldn't vote for him, but I suspect a few of the townspeople would..