We are not current any longer on our payments. We are three months behind due to increase in payments. We just could not hold on any longer. Funny thing is that I can only talk to their attorney but we are not in forclosure - this has been going on long before we were ever behind. They are so sneaky I never know what they are up to. We are due to sign our Bankruptcy next week but we are debating on giving the house back and renting. I can not see paying $2400/month on a 185,000 mortgage. We would still not be able to live even in the 13. So why keep it and put up with the fraud? Bad thing is they can increase our payments again over next 18 months another 3%.
Joe B wrote:
I doubt very seriously if HomeEQ would take their own money and pay your insurance. So, it suggests to me that they have some of your payments sitting there unapplied... This could be there attempt to send the money away from their account (your account) before you go 13. Then they can show that your are a deadbeat, etc...
Do you have a current status of your loan, including all fees, charges, "unapplied funds," etc.? Look the payment history over very closely; if my hunch is right, there are some shenanigans going on.
Do you have an attorney helping you? If so, get her or him to work trying to figure this out. If they have misapplied some payments, there are some serious issues at stake here!
What else can we do to help?