WABROKER

(August 20, 2009)

Today I spoke on the phone to a particularly informative representative from my lender, GMAC.

Since requesting a forbearance from our July and August mortgage payment, I have spoken to many, many GMAC representatives who have called and visited my property to discuss our allegedly past due account.

Today Lance, from GMAC, assured me that operator number 02318 failed to create any record of the agreement made with my wife on July 9, 2009.

According to Lance, the GMAC representative who granted us a two month forbearance did not have the ability or authority to do so.

When this all began we were instructed to submit loan modification documents to help stop foreclosure on our house. Lance also informed me that our loan modification package had been received by GMAC, but they were requesting a Profit and Loss statement for my wife’s business.

My wife and I do not want or need a loan modification. We simply requested a forbearance on our mortgage for two months to help us get through a temporary cash flow problem.

Now that we have been informed that GMAC does not grant forbearance, we are behind on our mortgage and facing severe credit implications.