JPMorganChaseLoanModifications

Phoned WaMu April 3, 2009 at 11:20 am and spoke with Amber. Per Amber, on 3/31/09 a loss mitigation file was set up and the negotiator (a Stanley S-D.) had been assigned and he’d left a note in the account requesting that I provide copies of my last two years of income tax returns and verification of the freelance income I was reporting. She said a letter had been sent to me requesting this information.

Verification was going to be a problem on the freelance earnings. It was just that, freelance, with no guarantees and no real “boss”. No paycheck either – the money was wired to my checking account and WaMu could see that, but they wanted to know why and where it was coming from. After some wrangling I managed to get a letter from my “employer” stating that I did freelance work for them but it wasn’t easy.

Phoned WaMu April 6, 2009 at 9:00 am and spoke with Kimberly and told her I had spoken with Amber on 4/3/09 and I had still not received a letter telling me where to send the requested documents. Kimberly insisted a letter had been sent and gave me a fax number to submit my documents.

Faxed WaMu April 7, 2009 at 10:00 am and submitted the requested documents.

Phoned WaMu April 8, 2009 at 8:14 am and spoke with Kyle. I wanted to follow-up on receipt of the fax but per Kyle, they “are swamped” and I must allow WaMu 7-14 business days to receive a fax; I could try calling back on 4/14/09.

Phoned WaMu April 13, 2009 at 8:49 am and spoke with Kathy. I asked her to verify that a letter had been sent to me and to confirm receipt of the fax. Kathy alleged a letter had been sent via USPS and “the file is still open which means they must have the fax.” She advised it was now taking 79 days from when the negotiator gets it to completion. I asked to speak to the modification officer and was advised she could no longer transfer calls. I then reviewed with Kathy the entire timeline starting with WaMu’s confirmed receipt of the 2/24/09 packet and said I never got a letter acknowledging anything was happening; no one had ever gotten back to me about anything and the only way I knew additional documents were required was by repeated phone calls. I asked if I might get something in writing indicating they were working on my case. She indicated that the file went to the negotiator on 3/31/09 and confirmed my cell phone number as the correct way to reach me. It was not a friendly or productive call.

Phoned WaMu April 17, 2009 at 3:36 pm and spoke with Paula. Per Paula, they forwarded the faxed info to the negotiators on 4/15/09 and it should take 68 days. Per Paula, the negotiator is still Stanley S-D. I should call back every week or two to check on the status.

Phoned WaMu April 23, 2009 at 9:15 am and spoke with Kathy who said there was “nothing new to report at this time.” The negotiator is working on it and the time frame is now 69 days from 3/31/09.

Phoned WaMu April 30, 2009 at 1:40 pm and spoke with Kim who asked if I was just checking in on my loan modification today. Per Kim, the timeline does not start until the file is sent to a negotiator and that it would take 76 days from 3/31/09. I asked if there was anything I could do or if there had been any change since 4/15/09 and Kim said it is frustrating and she understands but there was “nothing I could do at this point.”

April is over and I am the fool.

Filed under: Chase, Home Loan Modification, Washington Mutual | Tagged: foreclosures, imminent default, jp morgan chase loan modifications |