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Garry · 10-14-2009, 02:21 PM

MyHAMP just posted this today, there is a good chance what he was told may be true: "When we met our counselor yesterday he mentioned something about imrovements of the HAMP that would include huge principal reductions. That was interesting..

He also mentioned that we will see an increase in HAMP modifications incl. principal FORGIVENESS - but considering the little number that received such a forgiveness so far, that's not too difficult.

He even mentioned that we are likely to receive a principal forgiveness due to what we owe and what the property is worth. He said "they'll have to write it down" when he was looking at our statement and the zillow-page. However, I won't believe it unless and until I have the Modification Agreement in my hands."

10-14-2009, 02:21 PM	#359 (permalink)
Garry Senior Member Join Date: Aug 2009 Location: AZ Posts: 2,784 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Failure is not an option for us.... MyHAMP just posted this today, there is a good chance what he was told may be true: "When we met our counselor yesterday he mentioned something about imrovements of the HAMP that would include huge principal reductions. That was interesting.. He also mentioned that we will see an increase in HAMP modifications incl. principal FORGIVENESS - but considering the little number that received such a forgiveness so far, that's not too difficult. He even mentioned that we are likely to receive a principal forgiveness due to what we owe and what the property is worth. He said "they'll have to write it down" when he was looking at our statement and the zillow-page. However, I won't believe it unless and until I have the Modification Agreement in my hands." Last edited by Garry; 10-14-2009 at 02:24 PM..