I applied for a HAMP Modification (making homes affordable) on July 31, 2010. I sent it via FedEx, at my expense, to PNC.
I contacted them again and again, each time I was told I had to wait, they did not receive my package.
On August 15, 2010, I received a letter stating they received it, and would halt all forclosure proceedings. They did not. They continued to go forward with a judicial sale of my home, while my HAMP was pending.
They were negligent in handling my HAMP. They never returned call, had me wait on the phone for long periods of time then disconnected me, asked for paperwork over and over again, but in different formats, advised me that they made a mistake and did not need some of the paperwork they requested was necessary, after it took me several days to compile, then after I contacted the President, Vice President, and CEO, threatening to file litigation against them, and contact the media, (around 9/15/2010) on that very same day, they sent me a letter stating they sold my loan to Wells Fargo, as of October 1, 2010. They knew they were not going to approve the modification.
On that very same day, Wells Fargo sent an email to all of their short sale customers stating that they were no longer extending judicial sales. Then I got a letter from the new servicer of the loan, a few days later, stating that they now were the new servicer, and Wells Fargo was the new owner of the loan. Gee! what a coincidence this all happened on the VERY SAME DAY I called the three TOP executives of PNC!
This was also in violation of the RESPA laws, as they did not give me 15 days notice prior to the sale.
After repeated oral and written requests to postpone my judicial sale, they continued to deny them, even though the laws state that they were REQUIRED to do this while my modification was pending.
I then had my attorneys go into court and file an emergency motion to postpone the judicial sale. Their scumbag attorneys, Pierce and Associates, a foreclosure mill with bullet proof glass in their office thicker than any currency exchange I have ever been to (obviously these lying cheats and crooks screwed over a LOT of people before) perjured themselves and told the judge that no modification was pending and that they wanted the sale to commence, even thought there was a letter "Exhibit A" in the THREE PAGE MOTION, from PNC, stating that they were working on the modification, and that they would not proceed with any forclosure, if one was in progress. Instead of locking up this scumbag lying attorney (like they would have done to you or me if we committed perjury by lying to the judge with proof of the perjury right in the judge's hands) the judge just scolded her and approved the motion for postponement.
I then hired the former Attorney General of Ohio to add to my legal team, who is a private practice lawyer now. He sent them a letter and called the Assistant V/P who I was working with, stating he wanted to know the status of my modification, and that we would be filing litigation against them. They never returned his call.
I contacted the State of Illinois Senate President (my Senator), his chief of staff called and left a message that they were involved in my matter and requested a return phone call regarding my modification, they never returned the Senetor's call.
The same day they rejected my modification. I now have to go through the entire process all over again with wells fargo.
Well it does not end here. I contacted the Illinois Attorney General, my US Congressman, and they are all getting involved and opening an investigation into the fraud, negligence, and perjury that PNC has committed. In addition, I have called numerous high profile attorneys to add to my defense team, they all declined due to a conflict of interest. In other words, PNC has them all in their pockets.
But, not so fast..... I did find an attorney that I have a meeting set up with. She says she has no conflict with PNC. Here is the best part, She is a FORMER JUDGE. so Her Honor may be coming onto my legal team. If not, I have more former judges, now private practice attorneys, I intend to call untill I can get someone that can take on this matter against this giant piece of **** known as PNC Bank that keeps ripping everyone off.
The thing that really gets me mad is that they got 7.7 BILLION DOLLARS in TARP funds that came from the taxpayrs, you and me, to bail them out. This money was to be used to help in the foreclosure crises to be used for modifications. I have been told by attorneys that only 1 out of every 25 modifications get approved, but the President of PNC has no problem taking him and his friends in his private jet to the superbowl, even though he cut 5800 jobs when his bank took over National City. The Corporate CEOS get millions of dollars in raises, bonuses, stock incentives, while the average american is starving and losing his home. WHERE IS THE JUSTICE IN THAT?
The Legislature needs to stop squandering OUR TAXPAYER DOLLARS by giving money to these banks, for the purpose to help us, so they can fatten their paychecks and make themselves richer!
I urge everyone to write their Congressmen and tell them NO MORE WASTED MONEY TO THESE FRAUDULENT BANKS!!!! At least not until they can implement measures to make sure that they have COMLETE CONTROL of how the money gets spent and that the banks be held accountable, if the money is not used as it should be (TO HELP THE AVERAGE AMERICAN) not for them to take trips on their private jets to the superbowl game. Dont forget to remind them, Elections are coming very soon, and we put them there, WE CAN TAKE THEM OUT!!!!!!!!!!!!!
