Modification Cover Sheet Date: 5.27.2010 Negotiator: Law Group: Client Name: , Lender: Bank of America , Type;of modification: Permanent Modification Origiflal Mortgage: Payment: $2635.62,(7.24% int rate) ; Modified Paymen, Amount: $1318.60 (3.5%) I I ! I I I , SEP~2~-2009 r';2, 12:31 fr\- PM BankqfAmerica ~i" ( A1fT1: 8r~ ••••• • , •••••• Stltlment dite DIIZI/2OIiI Account Number Home Loans ••• P.01 Prop.rty addren. I •• • • • •••••••• , • , ••••• • •• • • , IMPORTANT NOTICE If you and BAC Home Loans Servicing, LP have entered into en agreement to address your monthly payments, please make payments in accordance with this agreement If you heve qualified for en interest rate reduction based upon current active military service, subsequent statements may not reflect the reduced payment amount. Please refer to the notice previously sant to you for the reduced payment amount. I· "OME LO' AN SUMMARY • Amount due on D9iGl1Z009 o. of Dl/ZI/2OOS Home klan payment due 09/O1/2~-- Past due paymant amount (aee next page for account details) Home loan OV.rviM •• of Dll2llZDOI Principai"'balance $409.818.91 Elcrow balance -$4,84U2 Lat. Charge Hpayment recei .. d after 09/15flOO9 S13U8 $3,100.16' 25,578.19 Cill:; may bEl lftanimrtCl orl'tcntdEld to en!.urp. (liI.lllY nrvice. We raay cn~,o. you II fee roTlnYlllymefit lAC HoMe Lt.... Setvltil.l. LP I, "upllred by"" tJ iaIofl'l yIN t. .tdUs Qt" l~itCllld byyourfinanciat II'!1titwttoo. :subjBt1tD apple"'. taw. ce.auaJe. . . . fruBl8 _btCil",G:M,. returned I rk~;;;~;b-;'- -· . C::1!..;;-!!i... iiiii!.... !!!![!.i!i..;;;;;'!!!.!-!].. i!!:!i...-!J-~fi]... i ·;:;;;O;!;:::J (1) PAYMENTINSTRUCTIDN$ 1. PIBBS9 • don't,tlno cash • don't !tlIple VQt)f t:ht'~k b:I the payment coupon ,. don1 1lclude COITlUfHllld.nc. ,. inClude coupon·With pilyoment 2. Writ. th.IllCcount number Iln the: chtr- II ot murl~v Qtder. :3 Writd in any additionsl amnunU VOU art Including. 4. Make-your tf'ltellplIYllbl1O to ·••eMttM 1.9.... s.n-iaUtt. tfI AtIn:Ral1littance Pracudl'\g 1& OTIJU lID( FOI M'OlTNfTlilfOllUTIOIt BAC liall\Q Loen J S9MCiaO. LP ... ( -- - - · -.---- .. - --. ---.- . - -- .. - - - - - - - HOM E L 0 ~ N 1 ( PET AI LS -.- .- - -- - - - - -- .. - .- M.nthly payment br••Ndown ...1 oe/2IIlGG9 Principal and/or intsr ..t payment Escrow payment amount Fees dus tl.saS-62 T.. ", ..OII1IIIy_Io.. ",110." _nI ... - - .. .- . - -...---. -. - --- ... -.- - Lo•• ty. . . .d t .... 4i4.S4 6,609.15 LOll\) typo COntfllcrual remaining term Mi R.t. M.g. 38 Ygars, 1 MOI"I'1:h; Interest rate \!p!!!!!.. dot.. Adju ••abl. Rate MortgagelARMI chong. 7.240% "."01'" "",L horow ICCG ..1t .XIII'UN We Ife responsibl, f(x thlt payment of the following BSC/tlW itftms wir1r ths 9)(Ception of the irems m~rked Wm) ifn 8stll(IS$:. (*1The p8VJ1H1nt of the irem!1 mirked wM an ",terisk fir) is the ,.spon,ibility of the hom.own't. Pol;,'I numberffax ID D,scription CoUttlYUlUS .. HOO!I tJQwrtt'S flsitr .... ce Cournv taXis loa An90181 County T.x CQllilct Freq u8nc v. Amlual . Annual kltlrins Exth D1 Tha Auto Club Los Ang61"i Cl)Unt'lTaK Ct)hut Annuli Next due d,t9 o:v:lll2Dl0 119/1112010 lIr.iJI2t)l!9 Amlluf/l dUB 2,316.41 534.00 2.376.~7 Heme I... aeaMly .simi, ya ... I,. . . . . .1It Ther.e Was no activity on your account for tho period ,overed in this 1~.telTI~nt. r~ 0 -------.-- ----.-------------._--C;;.;oma_ _ ---.:- - .- ' .----....--. --. - -.--- CON T ACT W9 may r~PDrt infOhT1,Mion about your aecount to credit bureau9. Lata payments, missed paVmen15 or other do1autbs on YOllr aCCOunt mlY blil US refklclQd m 'tour orllldltrtpon. fa<.,......... 10.._ _ Il10 ICCQ""" USI . . r2Haur automated information syst&m, To Isk u~ about ihis stamm.ntor aCGoul1t infotmatKm. c:al Mond.y-Friday. 88m to ilpm EaIt8rn To •. CaNt mav be nlooitored and/or recorded for 8&",109 quality PlIrpOSln, Se habiB ••pMo/. , ..... _dI IL Tax Dlpl _t_. . ___ ""'.. _ tal' B;mk of America.NAMlmbllrF!)IC . a .. nk rK I\Inorkl. NA and BAC Home l08n; Servicin9.LP.1I s\j~.idiary riSMlIl otAfttllflcB, NA. are equal HlM1S"ino ll!ndtllt. O~ B.n" IiiI of A~.(iCii Corpor,tIon. lred!lurki ilntlt\t I)I"OpeI1Y d aank of AlMrica to/rlontiofl. AI nohts "Slrvad, Accounl Number addroo&(e.) IloI<W!lNIIlaltciWu.lo .end you Information on your .",oon1 E-moQaddr... tt.. . . , . . . -. . . . . Aif 6_CCqdedPl'rftlemOl,*~" iMemltwnl ~ lHiild III W 10000m II~'" ....tllllNlIK't lIII8, Llnl~ ~n I1(pr~.51y prtlllbltlld ar IlmlTt!! b,o IWI. If y;r,I ~mit an ~II1&1(t In adIII~q(1 ~ytllII' KhldLM!f IllOIIIh'y *'lwrt. 111 "1II ...,~ ,*.rllafwt: iilto~1Ifttfy 1Wf11111b \If Pfl.~ trKI l ~ ~ i Q •• t~ dtI\c:ttIKiH, 1111) I. ... nu \!WI In (oJlMCtjon with Ylurlnn tI1d (~I w rtduct tilt outllt.ana "I~II billl'k, ofVOUl' mn. PI..., 1PHiry ifYOUWM; til ICOUII _ iNtthwl. Pllt'lll.na, r~tMnfllW'J,. tfillllK:ilfll, PMlI __ aa.. wlll~. pro,..,,11 cnt/lft d•• rlCtjv.!i unl. . J I~., f:tll.t"Mhlr • • " .\1,1 hatI... ",.IIIDWfittin OI1tM ~I!.ck .. I C~dltlIIO« PavJDI'h boJ ptIOn. ftCIfV1l. lIVUC p~ ,. Qti~11!I .9'I' bullnnl cII>f*'lll.~!i¥ltM"",4ay_ Ch~;e5 Indatlltr II1'I'I0_ -...v." _rtJlWfll'. _ E-mail _ ... P1'f!II*nf1 by P!)ont flCelll,l;Imll' 8:(lD PM ,.cifi~ filii! II( Qn. nolZillmttt ~JhojlarwiU III app!iKtO your ICCo)UnI Mill" ~ trIII,,_ buII""'I._ for IlIlutl mQIIrfI ,lllYm,nI: ~'I'l"d"lnwmc II tal~I.Id!Xll lI'IO~ bal., AceOl'liIntlY, i'ltll'lIIt kit tit IUlI~, lrH:iIIltnt FeImItty. i, clictll-.d. 3C#3aI1I' 1INII 11DIKl, IlIa'MctIoit" 1M IttutI number ~ diyl lnthl nKII'IItI. Fill' ptII'(jlt mll'lth$, inti,.., I, ~lIcul4l:td Ifaily on I~ h.i, 111'. .11 385 ci.,. Ytw-. 047!1I1i11o.n1:;on ze-d Wd 1£:21 600Z-62-d3S Apr 12 10 11:34a p.2 BanlrofAmerica . . . . Home Loans Attn: Home Retention Division BAC Home Loans SeTVicing, LP Notice Date: March 25. 2010 AccDunt No.: Property Address: THIS IS AN IMPORTANT NOTICE REGARDING YOUR LOAN. PLEASE BE SURE TO READ THIS ENTIRE LETTER CAREFULLY. Dear . BAC Home Loans Servicing. LP. -the subsidiary of Bank of America that services your loan, has recently announced a Homeownership Retention Program designed to helf) our valued customers who may be having difficulty making ti1eir mortgage payments. That's why we're pleased to inform yOl1 that you are eligible 1 for our Homeownership Retention Program, and the fol1owirag options may be available to you: • Interest-rate reduction • Interest-only payments for a ten (10) year period • Resolution of past due amount 1n order to take advantage of the interest rate reduction. interest-only payments for a ten (10) year period and resolution of past due amount you must agree to the enclosed modification agreement and retum it to us as il1dicated below. The endosed modification will reduce your interest rate to 3.500%, which will result in a new payment amount of $1.318.60.' This rate will be fixed for a period of one year. It will take effect April 1. 2010 and will continue until March 31, 2011. At the end of one year, your inlerest rate will increase: however, the interest rate increase will not increase your total principal (if applicable) and interest payments by mote Utan 7 -500% oflota[ scheduled pa.yments of principal (if applicable) and interest from the prior year. Your interest rate will continue to change annuatly thereafter, subject to a maximum interest rate of 7.240%. Accepting the enclosed modification also resolves your pasl due amounl of $43.525.59 as of March 18.2010. The enclosed rnodffication is one of two ways you can resolve your past due amount as follows: 1. If you are able to pay your past due amount: If you can pay back your past due amount and do not wish to add them to your balance. pleaSe contact us at to make arrangements to pay this amount and receive new modification documents_ 1 Your eligibility is based upon information you provided to us and may be subject to validation. 2 This payment is subjec..1: to change if your escrow payme11t dlanges.