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Old 12-01-2008, 11:49 AM   #2 (permalink)
Moe Bedard
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Location: Southern California
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Re: Loan Mod w/GMAC if not late...YET???

Hi FIRMMarci,

Welcome to the forum and thank you for joining...................

The modifications given are up to the investors on the loans and if yours is a FannieMae or FreddieMac backed conventional low rate loan..........they have been working with the customers that are 90+ days in default and going through foreclosure.

What is the interest rate at?
Is it fixed or adjustable?
If adjustable when is it adjusting?
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