Loan Modification Forum - LoanSafe.org - View Single Post - NACA/CW/BofA June Restructure Submissions

laurap · 07-02-2009, 02:55 PM

update:
I got a call from David L today and was told that I should hear something in a week.

I read from some of the previous posts about principal forbearance. what does it actually mean? isn't lower interrest for the lif of the loan a better option than principal forbearance?

07-02-2009, 02:55 PM	#77 (permalink)
laurap Senior Member Join Date: Jun 2009 Posts: 54 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: NACA/CW/BofA June Restructure Submissions update: I got a call from David L today and was told that I should hear something in a week. I read from some of the previous posts about principal forbearance. what does it actually mean? isn't lower interrest for the lif of the loan a better option than principal forbearance?