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Old 02-12-2009, 05:40 AM   #12 (permalink)
bigshirl
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Re: New Loan Modification on it's way?

Hello, everyone a long time reader my first time posting I receive the mod package on Monday after waiting 8 months of nonsense from CW open package very excited to see that CW have finally come threw with the dec 1 program rate @ 3.75 bringing my mortgage from 2050.00 to 1010.08 every year .5% increace until it max cap of 7.87% which will be for ten years. Great I thought call to confirm what I was reading come to find out that I have deliq amt of 25000 which was added to the principle for now that ok with me I can still keep my home and breath again but I also have about 23000 in deliq escrow. that was not added on which was the reason for my deliq. this bought my payment a month to 4400 a month and with this mod bring it to any additional 1100 including the 1010.08 which will put me back over 2000 a month hello I had problems paying this before what are you guys doing . Cw advise me that is the beast they can do I had mod before and all the deliq. amt was add to princple so what happen to this mod why has it change. I have call the ag settlement dept they will call me back today and they also adv. me to call florida ag office which I did I not going to give up this crazy
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