| Re: Modification Nightmare
Hi Mike,
The executive resolution team is the same call we received and we explained that we were set to retain an attoney the following day and said basically income has not change but we don't think our rate is a reasonable offer. I just don't understand even if you have the income to back the loan which in my case they say we have the income, but we really don't. Chase makes so much money off these loans that you would think instead of losing thousands of dollars on a foreclosure that they would work with you even to cut it a couple percent would help our situation. Our 2nd loan was over 11% they cut it down to 7% percent in one day and lowered our payment by $300.00. The lack of sleep is really affecting my job, social life and attitude. I don't feel like the same person I once was and I need to get my life back. It's like I should have given up a long time ago, but through this I do have hope knowing that others understand what were going through and that that this site people don't judge you and that some of us just made a decision that we thought was going to get better in a 2-3 years and it just didn't happen that way. I really hope things work out for your family, have a great Thanksgiving. Zoey |