Posts Tagged ‘30 days’
Dealing with Loss Mitigation Department at Indymac
July 25th, 2009
Indymac is my Lender. Loss mitigation reviewing my loan package. Should I call them or wait until they get back with me?
I haven't been late in my mortgage payments at all, but my mortgage value is 6k down from what we purchased it at 2 years ago. There are a couple of foreclosures on our street. My husband and I commute to the bay area. So with gas prices skyrocketing and twin daughters driving and going to college, I asked Indymac on June 26th to consider a loan resolution for us. I received a letter from Loss Mitigation dept dated July 7th that they are reviewing it and will get back to me within 30 days. Should I call them or wait for 30 days?
If you're new around here, you might want to subscribe to our Upside-Down Mortgage RSS feed. It's quite likely the only feed of it's type on the internet!
Posted in Help with mortgage, Loss Mitigation, Loss Mitigation Department, Mortgage Problems, Understanding Mortgages | 
Tags: 30 days, bay area foreclosures, bay area loan resolution, commute, contact loss mitigation, contacting loss mitigation, dealing with loss mitigation, foreclosures, foreclosures on our street, gas prices, going to college, indymac department, indymac lender, indymac loans, indymac loss mitigation, indymac mortgage, indymac mortgages, indymc loss mitigation, july 7th, late mortgage, late mortgages, letter from loss mitigation, loan resolution, Loss Mitigation, loss mitigation at indymac, Loss Mitigation Department, loss mitigation dept, loss mitigation indymac, loss mitigation letters, lower mortgage value, mortgage value, mortgage value down, review mortgage terms, twin daughters, wait for loss mitigation | 
1 Comment »