[alisoncg]

HI everyone, You all haven't heard from me for a little while now because I was waiting for our loan mod papers to come in. They were delivered today and I have a couple of problems. First of all the letter is dated August 29th, today is September 19th. It says I have 5 days from the date of the letter to respond which passed two weeks ago. The other problem is that they rolled our past due payments into the loan without changing the current interest rate or locking it in. The letter says that "step rate" changes will be reflected in the terms of the mod agreement and the interest rate may change in accordance with the note. Nowhere does it say they have locked in the interest rate. Our payment went up $65.00 a month and we had asked them to lower the rate due to a change in income over the last year. They are asking for a contribution amount which is equal to the amount of late fees currently outstanding on the loan just $380.57 which is good. I don't know what I should do now. I have not called yet, I was hoping for some guidance before I call them. I am also wondering if I were to accept this, would that disqualify us for the program starting Oct.1st? One last question, I asked two weeks ago who the investor was and they told me it was the Citigroup. The papers today say Wells Fargo. I am confused. All help is well appreciated.