Posted by Anna on July 27, 1997 at 21:22:14:
Originally posted by Anna on July 12, 1997 at 01:57:42:
Lender reneges on original agreement & proceed to foreclose on home.
I (homeowner) get behind in my home mortgage payments. I work out a plan in writing with First Nationwide Bank to pay my loan current. I am abiding according to the Plan. 1St Nationwide merges with Ca Federal Bank 3 months down the line Ca Fed decides they want to alter the plan to include some charges that were not included in the original plan.
I was forced to accept this new plan s in order to avoid them selling my home at Trust Deeds sale. I signed the new agreement 2 hours before they were to sell my home at Trust Deeds sale. I think this is wrong. The new plan is one that I can't afford to keep or abide by. Any Advice or Help?