I called HUD

There does appear to be some important information missing. It is not likely you have a foreclosure based on calls being made. I would take Bart up on his offer to help. Many times information can become confusing as the "professionals" talk in "lingo" that is strange to those that don't deal with it every day. Someone like Bart can help take the confusion and mystery out of it and give you good sound advice so you know what your options really are. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ Certified by the National Association of Mortgage Professionals and Licensed in California and Arizona ~ www.LoansA2z.com 888-889-9950

Folks sometimes use the wrong words when talking about mortgage finance.. for example, If you're trying to refinance, but you called a "Loan Modification" company, then everything you stated here makes sense... If you're looking to refinance, then you need to be in contact with a mortgage broker, not a "loan modification company".. Just so you have a clear understanding.. a refinance is when you apply for a new loan to replace your existing loan and the old loan would be completely paid off. A loan modification is for folks who have struggled to make their payments, they contact the existing lender and ask them to "Modify" the terms of their existing loan, such as lowering the interest rate, or extending the term back out, but the existing loan stays in place, it's the terms that change.. and no new loan is issued.. if you were clear on your request, then I would contact your existing lender and let them know that you are seeking a refinance, not a modification, and anyone contacting them on your behalf for a modification is not doing so with your permission.. you also might want to contact the 3 major credit reporting agencies and issue a security / fraud warning.. this will prevent anyone issuing credit to you without contacting you directly... if you were clear in your request, then it's possible someone is trying to use your info to commit loan fraud.. so be careful... I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

The information you stated alarms me that the company who was trying to assist you did what they did. I just took care of a friend of mine there in Jackson and would like to assist you as well. Please give me a call at 314-744-7806 to discuss your options. Thanks - Bart Castelli

Good evening. I am disturbed that you are having difficulty with the information you stated in your comments. I have taken care of a few clients there in Jackson the past few months and would like to do the same to you. Please call me day or night at 314-744-7806 to discuss your options. Thank-you. Bart Castelli

Did someone sugest you call HUD directly? If so why? To be clear....Do you have a FHA loan? If so, you should be eligible to do a FHA streamline refi. You do not go thru HUD for that. Contact your bank directly or a trusted Mortgage Consultant. If you do not have a FHA loan, or a Fannie Mae of Freddie Mac loan then did you do a stated income loan? If you did a stated income loan you can only do a HAMP refi if you are upside down (owe more than the property is worth). In order to do a HAMP refi there must be some kind of hardship. If you are not late on your payments and have not been in the loast 10 years, then there is no reason for your bank to foreclose. If you are not upside down and then there should be some refinance options for you.

HUD would not call your lender under any circumstance regarding your loan. This is because HUD does not make the loan, they simply guarantee a percentage of the amount of the loan to your current lender should you default on your mortgage and the home is foreclosed on.Julie is correct, if you have an FHA loan and you have not had a late payment in the last 12 months than you should be able to Streamline Refinance regardless of your loan-to-value since with a Streamline Refinance an appraisal is not needed, only your good payment history and a reduction in your monthly principal and interest payment of at least 5 percent. I would get an second opinion from another lender or a mortgage broker. I've recently closed two refinances on underwater homes that the lender they were with wouldn't do anything for them. So there is hope. Just make some calls.

it seems as if their should be more to this.

Seems like there is information missing.

Seem to be missing alot of info. I am not clear on what you are saying.

It appears that your current lender is trying to retain the loan.