[Moe Bedard]

that is what I meant with them not doing the early workout program.......which they have not implemented yet..........they put you in a forbearance which will not report on your credit, but for all intensive purpose it is not how the early workout program was to be used, but instead is defaulting the loan for the necessary 90+ days for the streamlined modification. The early workout program was originally supposed to be offered right away on loans that FannieMae held that were not late yet but would show that they would be soon.

I hear you...........I hope that with the new administration coming new programs imploring the investors to write down and modifiy their portfolios across the board will come too.............but only time will tell.