| Re: Loan Mod Question?
No, you will not automatically be put into MHA with Fannie Mae as investor. They (Fannie) will consider whatever proposal was sent to them. You would think since Fannie is the Treasury appointed administrator for MHA, that they would get nothing but MHA mods, but such is not the case. Furthermore, my negotiator at BofA told me Fannie isn't approving those MHA mods on a permanent basis, just the trial plans. I know something about this whole thing smells rotten and I am at a loss on what to do about it. Have you checked to see if MERS is the one trying to foreclose? You may be able to get it thrown out based on that, but I cannot guarantee anything. Good luck to you! I hope it all works out! |