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Loan Modification Principles Right now, an estimated 300 thousand home owners are able to stop foreclosure through the aid of the loan modification process that is backed up by the Obama bailout bill. Ever since the economy blew up some time ago, the administration has already set up a stimulus program that would help all the people in danger of foreclosure to fight and keep their homes despite all the loss of income and financial hardships that they are facing. [VIEW ARTICLE]Comments RSS Feed For This Article: 
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Subject: Wachovia says they haven't been given go ahead
I have a mortgage with Wachovia whom have been bought out by Wells Fargo. I have a home with an ARM plus, I lost my job 10 months ago. I have only been able to stay in my home because I've had to rely on my folks.
Unfortunately, that's not going to last forever. When I have contacted Wachovia on NUMEROUS occasions regarding the loan modification backed by the bailout bill, all I get is the runaround. I have been told by them that Wells Fargo customers come first and then they'll deal with Wachovia mortgage holders. I am very disgruntled and realize, they could care less about helping me out. I guess they'd rather see me go into foreclosure. Any advice on who I can contact would be greatly appreciated. I don't think this is right.