I just logged into countryide this morning to find this:
| Workout Status Details: | Your Loan Modification has been canceled from workout servicing because of the investor guidelines which govern your loan. Please be advised that normal collections activities will resume on your loan. Please continue to explore alternative options to bring your account current. If there is any change in your financial situation, please call for reconsideration. Thank you. |
| Information as of: | 01/27/2009 |
| Workout Stage: | Canceled |
| Phase/Sub-Phase: | Canceled by Investor |
Does anyone have any guidance as to what this means? It it because I don't qualify under the investor's guidelines, or is it because I just signed up with NACA. My NACA phone appointment was just last night, but I had submitted my documents days ago. I'm thinking it is more to do with the investor not liking something. NACA said that they are confident that they can get my situation resolved, but this still worries me. Any input?