A couple of letters

We received quite a few letters the last couple of days from our bank.

1. A letter of acceleration. Basically saying we need to bring our loan current or they are going to accelerate the process to foreclosure. My understanding is that this letter is computer generated at 45/60 days late.

2. “Helping you stay in your home”. This has a “Making Homes Affordable” stamp on the outside of the envelope. The letter says that help is available, etc. I think this is also generated when you are late on your mortgage. We have already been denied by HAMP.

3. “Get help now”. This letter/brochure gives us a number to call for “customers just like you, who have both a first mortgage and a home equity with Wells Fargo”. I think this is their way of trying to squeeze some more money from us.

We are not going to call. There is nothing they can tell us or offer us that will help (other than decreasing our principal by 200k – which is never going to happen). We are still waiting for “Christopher” to call to found out if we can do a DIL.

Still no calls…….very strange…..