What's going on with First Franklin????

[Joel Fraser]

Hello Everyone: I was on a payment plan with First Franklin my orginal mortgage was $1,100 ,interest rate adjusted in June at $1,700. Fell way behind almost in foreclosure however was able to get a payment plan of $2,300 per month. Needless to say could not make those payments and now back in foreclosure. I have tried Loan Modifications however just getting the round around so I'm just going to borrow the money to catch up payments. My question is when we went through the foreclosure process the first time we were sent letters everyday from attorneys and investors saying we will buy your home bla,bla,bla... However this time around we have not gotten anything. We did get a letter stating that the sale will be in November, but that's it. After reading the forum it looks like something is going on with First Franklin. Does anyone no anything about this. I am tempted to call them myself and ask is are loan going to be sold. We are still going to catch up the payments before November but I was just curious on some other options.