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Moe Bedard · 10-06-2008, 09:45 AM

My guess would be that you might have FannieMae for an investor and they are looking into the HomeSaver program to help you get caught up.......or to modify the arrearage into the principle balance to get you caught up, because you do have that good rate.........

If the letter is a Notice of Rights letter..........that is a cure letter for the default...........you would have some time here to see what options you are going to be given because you have not received an NOD or a sale date. If you catch up the payments by the end of the month, that should take care of the default and it should remove the threat of foreclosure.............

What state are located in?

10-06-2008, 09:45 AM	#9 (permalink)
Moe Bedard Founder Join Date: Aug 2007 Location: Southern California Posts: 16,887 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Act 91 Letter My guess would be that you might have FannieMae for an investor and they are looking into the HomeSaver program to help you get caught up.......or to modify the arrearage into the principle balance to get you caught up, because you do have that good rate......... If the letter is a Notice of Rights letter..........that is a cure letter for the default...........you would have some time here to see what options you are going to be given because you have not received an NOD or a sale date. If you catch up the payments by the end of the month, that should take care of the default and it should remove the threat of foreclosure............. What state are located in? __________________ Moe Bedard Founder LoanSafe.org "America's #1 Home Loan Forum" LoanWorkout.org "America's # Loan Modification Blog" Get My FREE Loan Modification E-Book \| Please donate to LoanSafe.org \| Loan Modification Training For Attorneys \| Rate Your Mortgage Servicer The comments by me and the materials available at this web site are for informational purposes only and not for the purpose of providing legal advice. Most of the information you find here is easily available on the internet. You should contact your attorney to obtain advice with respect to any particular issue or problem. The opinions expressed at or through this site are the opinions of the individual author and may not reflect the opinions of the firm or any individual attorney. Please Read our Privacy Policy and Legal Disclaimer Here.