Midland Mortgage

Midland Mortgage Uninterested in helping deliquent borrowers. Not complying with HAMP requirements. Oklahoma City, Oklahoma

2nd of Dec, 2010 by User946794

I have been unemployed since 4/10. I have sold most personal property to maintain mortgage payments, as unemployment insurance does not cover it all. I submitted online application to Midland for their Deliquency Assistance, with their qualification stating "either currently behind in payments or anticipating falling behind". After recieving all requested documentation, Midland contacted me and simply said I do not qualify for ANY assistance because I am not at least 3 months behind in payments! What!?! This is contrary to their posted requirements and is irresponsible! So they will only work with people who are NOT PROACTIVE about helping fix the problem before it gets out of hand? And 3 months wait?! After 3 months the property can be foreclosed! This seems more like a front under the guise of we'll help, but in reality delaying the inevitable until they can take the property away! Further, they did not offer any discussion of any other possible programs, including HAMP, which I understand they are required by law to offer me any and all possible avenues.

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