[caldwellb02]

Hi. I was told by Chase yesterday that there are new programs starting 1/1/09 that may be helpful with my situation. I'll tell my story briefly, then wonder if anyone has news on what these new programs might be.

I have a WaMu first and second. Last year, after 4 grueling months, I got a modification on my first for one year. The mod actually didn't start till May, though it was originally set to adjust in March. Now I'm looking at another March 1 (2009) adjustment. I called WaMu, and they said they wouldn't talk with me till I made 12 payments after the mod. This will, of course, put me three months into the adjustment. I called Chase, who said there was nothing they can do on a WaMu loan, and that they had "no idea" when they would actually own the loan - which was weird, since I have a letter from them saying they own the loan..... Then I called Chase's loan dept, and asked about a refi. Told em my story, and they said there will be options for those like me who have negative equity - but not till after January. Anyone know about this? I'm wondering if I should keep pressing, or wait till 1/1. Really appreciate any comments