Caliber Home Loans, Inc Mortgage Complaint

Caliber Home Loans, Inc Mortgage department,

Conventional adjustable mortgage (ARM) Loan modification,collection,foreclosure New York

We are in desperate need of help as our mortgage is pending a foreclosure sale and our bank will not help us. We purchased this home - - -. We had done a refinance with - - - of -. We defaulted on that mortgage in - of - and the reason for hardship was due to our families including immediate family was in - during the earthquake - - -. We had to fly to - and bring back our nieces and nephew after both my sisters were killed leaving the children orphans. Between the funeral costs, travel costs and taking in the - children, we had no more savings left to pay the mortgage. We applied for a modification and had been approved for a trial modification which we completed and was approved for a step rate modification - - -. The step rate schedule started-/-/--/-/- with the rate 4.025 % ; - at 5.025 % ; - at 6.025 % ; - at 7.025 % ; - at 8 %. -/-/- - was hurt on the job after 18 years of employment and had to go on workers comp. We had applied for a temporary hardship due


comp was $270.00 a week. We defaulted on this temporary modification - - - after the workers comp had ended. I had been going to court over the - until it was finally determined he was - as of - - -. The - date I was entitled to benefits was - - but if you review the award letter I have attached, I did n't receive the retro pay or monthly payments until - - -. So for 24 months, - had no income other than the temporary - which was less than $- a month which barely covered the cost of parking for the hospitals after the -. Since - is now receiving permanent - of $- a month and - 's income, we are making $- a month in gross income and taking home $- combined.