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Old 11-17-2008, 05:19 AM   #12 (permalink)
revcarrie
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Re: Mortgage companies and H4H success!

GARYYS
I realize what my cousin has going on is unusal at this point....maybe the first...who knows. somebody has to be the first, right? Yes these are FHA approved people and no they are not doing muc of anything as yet but getting ready to do something....though the leanders, especially predatory leanders, are just beginning to believe they are in trouble....deep trouble....because congress is poised as early as today to put some teeth in the H4H bill and do some legislating to make it happen.

We are in a wait and see mode here. Aurora won't tell my cousin who actually owns her loan ....at this point. It is an "educated guess" that it is Fannie Mae because of their agreement to start this process. Yes, you have to find one of these companies on the list on the 23 pages of lenders and processors. I haven't talked to my cousin this weekend but she may be calling me today. "Sheepish" is the word I would use to decribe Aurora's attitude about all of this.....like a kid who just realized they got caught at something and punishment is coming hard and swiftly. We shall see what happens now. Apparently the important thing at this point is the paper trail and keeping copious notes.
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