Here are a few suggestions: (1) Private investor to purchase the home in question, and then work something out so that the tenant or you can live there and buy it back, when you are able. I work for an investment company, we have access to our own private money, it would depend on where the house is, the value, etc.
(2) I don’t want or mean to provide legal advice, as I am a california attorney, but I would not wait around for the bank. You are running up against potential statutes of limitations, etc., so make sure you get an order from the judge extending time and not counting this; (3) Have you requested discovery? I mean, hard hitting requests such as: Information on the loan-trace the loan history; if it has been sold, then, there may be an issue re what party has standing; especially if the “investor” for your property is not identifiable because the loan was divided and sold in different pools? (4) If that’s how it is,the last thing these banks want under oath is how not only did they scam the tax payers by inventing loans that homeowners would never be able to pay off, (neg-am, option arm loans), and this was not explained to the homeowner;
The chopped-up Beni Hana type loans that are identified with a number in a trust pool, were not modifiable-so many people were placed in trial mods, they paid perfectly, and then were denied based on the NTV treasury department formula, which states that modifying the loan must meet certain financial criteria which includes a cash flow benefit to the investor. Think about it: Remember the scarecrow in the Wizard of Oz, and at one point he’s attacked by the wicked witches flying monkeys, ; and his stuffing is all over the place; and he describes part of me is over there, and then over here, and over there- in other words, when your loan is in a similar status to the scarecrow, and pieces are contained in different pools, (a) which pool decides; (b) if modified,what happens to its impact on the investment pool?

I like the way you think. We were involved in a wrogful suit for foreclosure (we did not own the home in question). We have been fighting the bank and thier attorneys for one month shy of 2 years. We agreed to a settlement package and the Bank and thier attorneys have kept the settlement package from us. (they renigged) Our only option is to spend more time and money while all along our credit has been obliterated. We need someone to help us.

“I have eight loans with Wells Fargo” Do you really?
Banks have propogandizers everywhere – they keep pushing the idea that it’s the victims fault. They are rightfully terrified that more people will understand that Banks became criminal enterprises. OCCUPY!

I agree with you that the majority of homeowners are fighting a losing battle….especially anyone still believing in the “free house” nonsense. But that being said, giving up and walking away is not an option I am comfortable with. Everyone has to do what is best for them, and this is a very difficult fight. But, even if I lose and walk away with nothing, I will go down fighting because I am fighting for my family’s future and for what is right. I know the 26B Settlement was not fair, but it was an admission of guilt. Do you think there would be any settlement at all if there weren’t people out there fighting? I have to believe there are bigger and better settlements down the road.

The banks have won and we are idiot’s to fight this loosing battle…live in your home as long as you can and save every friggin penny you can…then move on and get your lives back….

So what,only 5% qualify.I have eight loans with Wells Fargo and none of them do.The real outcome of this settlement/sellout,is the banks now feel empowered to foreclose and even short sales are way more difficult.Kamala may be better than Obama and Holder,but it appears the Obama team got their way,and we’ve all been sold out.