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# HowTo Package Your Loan Mod Application Kit
# HowTo Phone Negotiation Tips
# HowTo Complain & Motivate To Get Action
# HowTo Follow Up by Phone, Fax, Mail
# HowTo Use a Qualified Written Request
# HowTo Use a Mortgage Audit As Your Ultimate Weapon
# HowTo Fight Rejection Tactics
# HowTo Stop a Foreclosure Sale In 1-Day
# HowTo Remove Bad Credit & Raise Your FICO Score
# HowTo Eliminate All Your Debt

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Q: Why is the loss mitigation dept not returning my phone calls?

Question: Why is the loss mitigation department not returning my phone calls? Aren’t they required to call me back to answer my questions about my loan mitigation application status?

Answer: While picking up the phone to call may be the fastest thing to do in your mind (and phone calls do have their role in the process), it is easy for the banks to “forget” your phone calls.

If you’re getting nowhere with phone calls to the loss mitigation department, you need to fax and mail certified letters. Banks are legally required to respond to written correspondence.

You will be mailing what is called a Qualified Written Request.

The “Real Estate Settlement Procedures Act” is a consumer protection act. Under Section 6, the bank cannot ignore your request. If it is written and you have proof that you submitted it to them, the law requires that the lender responds to your inquiry within 20 days and tell you that they received it if that’s all they can tell you. And within 60 days they need to give you a full explanation and an answer to all your questions. Watch this video Q&A coaching segment for more information on the QWR

Video Q&A Coaching Segment Outlines the Exact Steps To Take To Get Attention and Action

Loan modification expert, Mike Rockwood, and author of the recommended loan modification workbook, explains how to use a handful of proven strategies to escalate your demand for attention and action on your loan modification request.

These strategies that will help you overcome the stall tactics, long delays, wrong answers, incompetent employees and rejection of your trial or permanent loan modification.

In the video, Mike mentions a government agency you can contact to complain, namely, The Office of the Comptroller of the Currency (OCC). Click here to read more about OCC agency and what it can do for you

FYI: As a last resort and for added protection if the clock is ticking against you towards a foreclosure sale date, learn how to stop foreclosure in a day to buy more time to work out a solution.

Homeowners – Need Some Sound Advice?

Get Out of Debt Workbook
Seasoned debt expert shares several little known but highly effective techniques guaranteed to get you out of debt fast – no matter how much you currently owe.
Stop Foreclosure
Get more help on fighting to stop a foreclosure with one of 7 options. For example, if a loan modification is not an option learn about a little-known government program that will stop a foreclosure in less than a day without an expensive attorney.

Also get the latest foreclosure news around the country, read Q&As and other resources.

Legally Restore Your Credit
If you are visiting this blog, you likely have mortgage lates, which are a big blemish on your credit report. Once you resolve your mortgage situation, you can legally remove those mortgage lates and all derogatory credit from your report without having to hire an expensive attorney or credit repair service.

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Technorati Tags: home loan modification, loan modification, mortgage loan modification, loan modification program, hamp government program

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  3. What should I do after sending my loan modification application to the loan servicer?
  4. Loan modifications should be negoitated by mortgage counselors with authority from Treasury Dept

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