Loan Modification Forum - LoanSafe.org - View Single Post - Final Housing Bill Passes House, Bush to Sign into Law

ccsint · 07-24-2008, 05:00 PM

I think you're going to have to figure out a way to get rid of that 20%.

Perhaps if you can settle with them for pennies on the dollar first...I dunno. You'll have to contact the 2nd mortage company first and get their buy-in.

I have a 20% but they were both through Countrywide, so I'm hoping that makes it a non-issue.

This bill does not provide any extra help for those with two mortgages, unfortunately. The 2nd has to go away before entering the program.

07-24-2008, 05:00 PM	#18 (permalink)
ccsint Senior Member Join Date: Jan 2008 Posts: 45 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Final Housing Bill Passes House, Bush to Sign into Law I think you're going to have to figure out a way to get rid of that 20%. Perhaps if you can settle with them for pennies on the dollar first...I dunno. You'll have to contact the 2nd mortage company first and get their buy-in. I have a 20% but they were both through Countrywide, so I'm hoping that makes it a non-issue. This bill does not provide any extra help for those with two mortgages, unfortunately. The 2nd has to go away before entering the program.