This is a long timeline, so I'll shorten it as possible.
We took the 2020 Covid forbearance on our mortgage with Flagstar bank. In March of 2022 we signed the new modification and partial claim.
Flagstar told me it was rejected, but it was signed by all parties and recorded at the county clerks. For months I tried to get them to update the account. In July they send me a new modification to sign with a $200 increase to my payment. I didnt sign it because I knew we already signed and agreed to the previous modification in March but the bank is saying it is rejected, it was not.
July they say I am no in foreclosure and will not accept payments. I am told to fill out a new assistance application and start the process over. I do that and then they must have realized their error and my account updates, but now since they have not accepted any payments since June because they said I was erroneously in Foreclosure, which I wasnt, I am basically right back in foreclosure status.
Also, they way the calculated some escrow advances of 20k I can not do the reinstatement even though I have enough for the back payments. I should be about 6k in payments to catch up but the reinstatement is about 40k.
Does anyone know if I get a payment plan if it will just be for the back payments or will they make me pay these "advances" to escrow, which make no sense.
Also, in general has anyone had anything similiar since trying to recover frome covid forebearance?
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source https://www.reddit.com/r/RealEstate/comments/yi5byt/mortgage_modification_not_processed_correctly_by/
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