Loans, Debt & Credit - View Single Post

unomundo · 12-04-2008, 12:01 PM

Just called FF again to see where the negotiator was with my mod request. I spoke to a help-desk person who said there was no news and that I should continue to call weekly. My sense is that as long as I don't make a penny more than "too much" or a penny less than "too little" I might be eligible for modification. I've been ignoring all the other solicitations offering help that I've received in the mail till yesterday. Yesterday I received a mailer from a company offering loan papers in 3 days for a 5.5% fixed 30 year loan for my current 8.5% adjustable. They say they help underwater home owners and we're not there yet. Do I stick it out with FF and hope I can thread the needle of their modifcation requirements, or do I jump ship and give this company a call?? And if FF says "no", what recourse do I have?

12-04-2008, 12:01 PM	#4 (permalink)
unomundo Member Join Date: Nov 2008 Posts: 14 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	White Knuckle Ride- First Franklin Just called FF again to see where the negotiator was with my mod request. I spoke to a help-desk person who said there was no news and that I should continue to call weekly. My sense is that as long as I don't make a penny more than "too much" or a penny less than "too little" I might be eligible for modification. I've been ignoring all the other solicitations offering help that I've received in the mail till yesterday. Yesterday I received a mailer from a company offering loan papers in 3 days for a 5.5% fixed 30 year loan for my current 8.5% adjustable. They say they help underwater home owners and we're not there yet. Do I stick it out with FF and hope I can thread the needle of their modifcation requirements, or do I jump ship and give this company a call?? And if FF says "no", what recourse do I have?