| Re: The Clock is Ticking!! *** and to all on this site:
Your advice of contacting the office of the President appears to have worked. It's been three weeks since I contacted them and received a response the same day. Today, I received a call from my negotiator that said they have decided to work out an arrangement with me. They are overnighting the papers to me. In summary, the payments we haven't made are going to be added to the end of the loan. The interest rate will be locked in at the original rate, 6.44% for five years. We will have to pay an increased amount to catch up with taxes, etc., but it will be affordable for us to stay put.
In summary, I don't have the paperwork in hand but this appears to be a success story. I truly believe it wouldn't have turned out this way without your direction, information and advice. A gorilla has been lifted off our backs and we owe a great amount of gratitude to you. I wish I could hug you! I believe we're keeping our home!!!!
Yours ever sincerely,
Jim McDonald |