Loan Modification Forum - LoanSafe.org - View Single Post - Does it help if the Attorney Genral hax settled a lawsuit?

cary_bouldin · 01-30-2009, 12:43 PM

Yesterday, the AG for Oregon announced settlement with CW and advised they will be modifying loan terms and interest rates for approx 4600 customers. All parties should contact the AG to see if the loan is eligible for mod.

Of course I did and AG advised the loan being a pick and pay ARM are the ones involved and to please file a complaint. (Done)

Does anyone know if this speeds up or guarantees the process with CW? I know there are other states with lawsuits and I was just wondering about the outcome of those states modifications. Any input would be helpful.

01-30-2009, 12:43 PM	#1 (permalink)
cary_bouldin Senior Member Join Date: Dec 2008 Posts: 41 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Does it help if the Attorney Genral hax settled a lawsuit? Yesterday, the AG for Oregon announced settlement with CW and advised they will be modifying loan terms and interest rates for approx 4600 customers. All parties should contact the AG to see if the loan is eligible for mod. Of course I did and AG advised the loan being a pick and pay ARM are the ones involved and to please file a complaint. (Done) Does anyone know if this speeds up or guarantees the process with CW? I know there are other states with lawsuits and I was just wondering about the outcome of those states modifications. Any input would be helpful.