My husband and I taped an interview with “Action Reporter” Bill Capo, from WWL-TV Channel 4 (New Orleans). On Thursday, June 16th, 2010, this feature aired on the 10:00 p.m. news. This whole interview took about 3 hours to complete. I was able to tell my story in its entirety to Mr. Capo and he was ready with all the right questions. Of course, it was edited and much of our lengthy interview was omitted due to the constrictions of television. The edited result can be viewed on line at the WWL-TV web site under “Action Reports”.

Our foreclosure took place on April 28, 2010, right after we celebrated our 8th wedding anniversary. Now we await the forthcoming eviction notice from GMAC Morgage…any day now.

I began my research after the sheriff came to our door in January of this year with a foreclosure notice from our mortgage company, GMAC. Since then, my efforts are continuing to learn about my options as a disabled individual and trying to find programs that could save our home. We knew there were programs out there, and we trusted GMAC to submit us to any programs that may assist us in keeping our home.

We provided our income information to them as soon as the foreclosure process began. The sale of our home was set for April 28th, 2010. On the 27th, GMAC informed us they needed more information. My husband scrambled around to fulfill their request, faxed 9 pages to GMAC, and then called to confirm that GMAC had received the information.

The next day, we were told that we were “denied” by everyone and we lost our home. I was a little suspicious, as they certainly didn’t have enough time (literally overnight) to submit us anywhere. I have repeatedly asked for the documentation of who they submitted us to and why we were denied, to no avail. One day, I got Mary on the phone from GMAC. She informed us that we were never submitted to anyone…so there was no denial! Conveniently, she did state that they had received the paperwork they requested, but it was dated the 29th–the day after the foreclosure! We knew that we provided this on the 27th.

The funny thing is, Mr. Capo spoke with the attorney representing our mortgage company, GMAC. She confirmed that our home had been foreclosed on and we will soon be evicted. Mr. Capo asked what will happen to our home, will it be put up for sale? Her answer shocked him–our home is becoming a HUD home! He has suggested to all parties involved that we be allowed to stay put and has now reached out to HUD about this situation. We’ll see…

This email was sent to everyone in my address book, asking for my story to be forwarded to everyone they know. And it was sent to any federal, state and local government offices, and every organization that I could find that deals with advocacy, disability issues, and consumer affairs. I also contacted our local media, as well as newspapers, magazines, talk shows and news programs nationally.

At the age of 52 and disabled, I am facing homelessness. Thanks, GMAC.

GMAC refused to give me a pay-off and/or talk to me. had to hire atty for the closing, had to pay all kinds of charges and late fees. Charges of 170.00 plus per month listed as “reciept”. can’t find out what these chatges are…..account statement still reads gmac. I don’t understand need a lawyer…….

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Dear GMAC Sirs;

Last week i paid a bill on my GMAC 120k HELOC.

To back up several years and clarify I paid a 120k second off (in full) less than 6 months after getting my loan in 2006 and began to utilize it about 5 months ago.

You did NOT send me a statement in early March so i did not make the $60 payment on 20k.

I received the statement last week (dated 3-31 & NOT even in pink– plus NO late notices).. However, i did notice that according to statement that i did not make a payment in early March BECAUSE YOU DIDN’T SEND ME A BILL!

So as usual and not particularly alarmed, i paid the $60 PLUS another $240 in principle (as i have for the past several months) with a highlighted note that says: “YOU DIDN’T SEND ME A BILL LAST MONTH”.

Then last night at 11 PM, i got a VERY rude collection call and TODAY i got a letter saying that you were suspending my line of credit.

I have an 800 average credit score and pay GMAC 1.2 to 1.5 times what i owe you every month on my primary loan.

CLEARLY, you are looking to END ALL OF YOUR HELOCS and my bet is that you didn’t send out a statement last month in order to accomplish this ever-so-noble task.

I believe that this is (OR SHOULD BE) illegal.

TODAY i called 1.800.850.4622 (caller ID = COLLS CALL) and your runaround (while asking for a “collections supervisor”) was EPIC.

An hour on the phone repeating my loan number and particulars and transferred at least 12 times (dropped three of those) back and forth to the “wrong division” and BACK AGAIN.

I got close, and your system (or an individual) dropped me.

Then i tried 1.800.766.4622 and spent ANOTHER half hour on the phone only to be put on terminal HOLD.

Sirs, i believe this to be a scam that i do NOT at ALL appreciate it as a man of integrity.

If you were looking to screw your HELOC customers over.. you found the WRONG one in this particular case.

I ask YOU to find integrity at the earliest possible convenience.

PLEASE RESPOND BECAUSE MY AVENUES (on the Internet and via MANY more traditional means)… ARE ENDLESS. YOUR

***I WOULD LIKE MY CREDIT LINE RESTORED AND ANY DEROGATORY CREDIT BUREAU ISSUANCES REMOVED IMMEDIATELY!!

Sincerely,

Rob Love

Boise ID 83703
Cell: 1.208.283.2142
Office: 208.938.1044
rlove63@cableone.net

i tried to email original poster at the top (unsuccessfully since i don’t do twitter or any-o-that weird stuff but suffice to say that I AM PISSED.

Everyone please feel free to email me personally with any info you have on a class action lawsuit.. below is what i just sent to these nimrods who’s emails can be found here!!

Thanks, rlove63@cableone.net

http://forum.ml-implode.com/viewtopic.php?p=221474

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Dear GMAC Sirs;

Last week i paid a bill on my GMAC 120k HELOC.

To back up several years and clarify I paid a 120k second off (in full) less than 6 months after getting my loan in 2006 and began to utilize it about 5 months ago.

You did NOT send me a statement in early March so i did not make the $60 payment on 20k.

I received the statement last week (dated 3-31 & NOT even in pink– plus NO late notices).. However, i did notice that according to statement that i did not make a payment in early March BECAUSE YOU DIDN’T SEND ME A BILL!

So as usual and not particularly alarmed, i paid the $60 PLUS another $240 in principle (as i have for the past several months) with a highlighted note that says: “YOU DIDN’T SEND ME A BILL LAST MONTH”.

Then last night at 11 PM, i got a VERY rude collection call and TODAY i got a letter saying that you were suspending my line of credit.

I have an 800 average credit score and pay GMAC 1.2 to 1.5 times what i owe you every month on my primary loan.

CLEARLY, you are looking to END ALL OF YOUR HELOCS and my bet is that you didn’t send out a statement last month in order to accomplish this ever-so-noble task.

I believe that this is (OR SHOULD BE) illegal.

TODAY i called 1.800.850.4622 (caller ID = COLLS CALL) and your runaround (while asking for a “collections supervisor”) was EPIC.

An hour on the phone repeating my loan number and particulars and transferred at least 12 times (dropped three of those) back and forth to the “wrong division” and BACK AGAIN.

I got close, and your system (or an individual) dropped me.

Then i tried 1.800.766.4622 and spent ANOTHER half hour on the phone only to be put on terminal HOLD.

Sirs, i believe this to be a scam that i do NOT at ALL appreciate it as a man of integrity.

If you were looking to screw your HELOC customers over.. you found the WRONG one in this particular case.

I ask YOU to find YOUR integrity at the earliest possible convenience.

PLEASE RESPOND BECAUSE MY AVENUES (on the Internet and via MANY more traditional means)… ARE ENDLESS.

***I WOULD LIKE MY CREDIT LINE RESTORED AND ANY DEROGATORY CREDIT BUREAU ISSUANCES REMOVED IMMEDIATELY!!

The coupon said pay my payment….now I am confused.

My home was discharged in Chapter 7 bankruptcy in mid 08. We continued to make payments until we got behind and made by 60 days. On the 65th day I wired them everything i had which was 800.00 short of three payments in March 09. They excepted the payment and then refused all future payments and sending Notice of Default in early April 09.

Chevy Chase/ Capital One sold the servicing of a loan that was filed in Chapter 7 and discharged. The loan is in default by 11 months with a NOD in place and a foreclosure intent letter issued from MERS saying the note has been lost, stolen or destroyed!

Who the heck is MERS?

So how can they sell the servicing rights to someone else and worse yet who would buy it??

Something is not right here….

Could it be it got it off their books for accounting purposes and ship it on down the road for the next sucker!

I was never notified my loan was securitized, nor do the papers they filed in my Chapter 7 show any assignments to anyone but them. They even showed a copy of the note at the time of BK 7.

So how did they loose it all of a sudden?

Or did they lie to the court?

I got behind, asked for help was refused help and have been fighting ever since. I want my home, I can afford my home, I want to pay the right person if I can find them. After reading I am learning there is a reason they force you in to default. The incentive is huge for the servicer who can get you to foreclosure.

If you purchased or refinanced your home anytime after 2002 start educating yourself now please read http://www.Livinglies.wordpress.com or http://www.msfraud.org and find an attorney now!

It is also a violation of law to change the terms from your original loan. They cannot add a penalty for early payoff to a loan that never had one to begin with. I would review your original loan agreement, grab theirs and contact them and demand a specific explanation of why they think they have the right to change the terms of a loan agreement.

Anyone in this situation should review this website and act on the recommendations:

http://www.ftc.gov/bcp/edu/pubs/consumer/homes/rea10.shtm