Loan Modification Forum - LoanSafe.org - View Single Post

surfdoggy1234 · 01-12-2009, 05:55 PM

Thanks for your prompt reply, ***. I called back and they said that they don't modify 2nd loans with fixed rates. I find this strange. They said the investor was Greenpoint. Greenpoint was a subsidiary of CapitalOne. CapitalOne closed it down but the servicer continued to be Greenpoint. CW then became the servicer in November 2008. I'm surprised that Greenpoint/CapitalOne didn't sell the loan off to a new investor. How can I confirm with certainty who, in fact, the investor really is?

01-12-2009, 05:55 PM	#3 (permalink)
surfdoggy1234 Member Join Date: Dec 2008 Posts: 18 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Will CW Modify fixed 2nd? Thanks for your prompt reply, ***. I called back and they said that they don't modify 2nd loans with fixed rates. I find this strange. They said the investor was Greenpoint. Greenpoint was a subsidiary of CapitalOne. CapitalOne closed it down but the servicer continued to be Greenpoint. CW then became the servicer in November 2008. I'm surprised that Greenpoint/CapitalOne didn't sell the loan off to a new investor. How can I confirm with certainty who, in fact, the investor really is?