Comments on: Making Home Affordable Refinance Program Eases Eligibility To Allow For Higher Maximum Loan-To-Value Ratio

By: Bubba

Bubba — Wed, 11 Nov 2009 01:30:36 +0000

Um, never. It is all a scam. Anybody that voted for Hussein Obama gets exactly what they deserve.

By: Bubba

Bubba — Wed, 11 Nov 2009 01:29:11 +0000

Yeah, BOA will NOT honor their 125% ltv that they have been advertising for months and mailing us harassing mail. This is all a scam contrived by the terrorist Hussein Obama administration to make his buddies in the banking industry richer. To give our money to the middle east and china while creating a new Somalia right here in the United States. This is only the beginning. We haven’t even begun to see the new depression. Arm yourselves, it is going to get bloody.

By: Abby

Abby — Sat, 31 Oct 2009 17:00:19 +0000

Has anyone heard when Bank of America will roll out the 125% program? And is it possible to go to new lenders for the 125% mortgage, or do you have to stay with your current mortgage-holder?

By: kyle

kyle — Fri, 23 Oct 2009 18:02:18 +0000

I have been talking to HSBC, Hope Now for Homeowners, and FannieMae since August ‘08. I have dealt with the same frustrations of we can do it, to no we can’t, to we never talked to you, to 105% right around the corner, to 125% around the corner, to not enough demand for 125% so we are not going to do it. By the way, HSBC took $12.8 million in March during Bailout. Unbelievable….Home Affordable? Yeah right!

By: claudiu petre

claudiu petre — Sun, 18 Oct 2009 04:39:03 +0000

I keep on calling Bank of America every week asking about the 125% loan to value refinancing program that Obama launched in July but Bank of America did not implement this program yet!I am tired of calling them cause they move so slow with this 125%LTV refinancing program!I am really disgusted by this bank!They do not care about customers!
I am wondering why does it take so long for thse Banks to implement the 125%LTV refinancing program?

By: Michael

Michael — Sat, 03 Oct 2009 19:34:19 +0000

I had hoped to find some helpful info here, but unfortunately it looks like I’m in the same predicament as many others. Provident Funding bought my loan, has been telling me for months they would be offering the new HARP program, yet don’t. Stuck with Freddie Mac so couldn’t go to other lenders. Also now more than 105% LTV, so Wells Fargo won’t offer me anything either. They were glad to talk with me when I was 95-100%, but that was a while ago, prior to Oct 1. I’ve tried bank after bank yet they all either don’t offer the 105-125% LTV, or they just don’t participate. Frustrating that I can be current, making payments yet no-one will talk with me and the people I know that got behind (either intentionally or not) and didn’t make payments are the ones getting help.

By: Melissa

Melissa — Tue, 29 Sep 2009 18:19:58 +0000

Wachovia has been promising the Making Home Affordable Program since June 1st. Every month I call them back to ask about it, they tell me to check back next month. I called today and they told me now maybe by November 1st. These banks should be ashamed of themselves dragging their feet when people need help.

By: Richard

Richard — Mon, 07 Sep 2009 23:41:07 +0000

I started the application for a HARP refi with Wells Fargo in April and just got rejected even though we qualify under the 125% Ltv.. Why? B/c Wells Fargo isn’t choosing to accept applications for borrowers with LTV greater than 105% I was told. I complained to freddie mac and I was surprised to receive a response from corp counsel of freddie mac saying that b/c this refi program is voluntary, banks can choose to participate or not – BUT “why don’t you check back after October 1, maybe things will have changed.” Mean while I”ve lost the 5% interest rate I had locked in. Thanks for nothing wells fargo!

By: Lisa P

Lisa P — Mon, 31 Aug 2009 19:24:40 +0000

Lordy do I wish that they would get this in order already! I have been trying since May to do something under this plan. We were unable to modify becasue we made to much money. Couldnt re-fi becasue we owed to much at 105% ltv, now I hewar 125% and get excited but you tell me where can I find abank that is participating? Aurora ugh just keeps giving me nop answers they dont even know if they will participate!

By: lisa

lisa — Fri, 28 Aug 2009 20:02:11 +0000

You got that right, I too have been working with wells fargo for several months and they just inform me my points are going from 1.75% to 3.25%. Of my 220,000 loan 10,000 is closing costs, my house apprasied at 245,000.