Loan Modification Forum - LoanSafe.org - View Single Post

mto66 · 02-12-2009, 04:27 PM

hi,

I received a call before my modification and we went over exactly what was going to happen. My situation may be different, but I rejected the first modification and explained why. Two weeks later I recieved a reduced rate and a 30 year fixed. Recieved the docs the following day and just sent back yesterday. Made copies of everything including the fex ex return. That way I have my proof of who signed.

I am with NACA as well, but can well afford this payment and just want an end. I had to pay money for late fees etc., but after not paying for 3 mos I feel this is only fair. I also don't have to make a payment until April 1st.

I only had one loan of 205K which is now raised to 213K. After reading many other stories I know I am not in as bad a situation as many. I wish the best of luck to all.

After I finally got a negotiator I felt that it worked out well. The hell was getting to a negotiator. I was so persistant in calling and I think that finally got me where I needed to be.

NACA was trying for a lower rate, but at this point I am ok with what CW offered and thought it was fair.

Just wanted to post what my experience was and thanks to all the information I received. It helped tremendously.

02-12-2009, 04:27 PM	#19 (permalink)
mto66 Senior Member Join Date: Dec 2008 Posts: 32 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: New Loan Modification on it's way? hi, I received a call before my modification and we went over exactly what was going to happen. My situation may be different, but I rejected the first modification and explained why. Two weeks later I recieved a reduced rate and a 30 year fixed. Recieved the docs the following day and just sent back yesterday. Made copies of everything including the fex ex return. That way I have my proof of who signed. I am with NACA as well, but can well afford this payment and just want an end. I had to pay money for late fees etc., but after not paying for 3 mos I feel this is only fair. I also don't have to make a payment until April 1st. I only had one loan of 205K which is now raised to 213K. After reading many other stories I know I am not in as bad a situation as many. I wish the best of luck to all. After I finally got a negotiator I felt that it worked out well. The hell was getting to a negotiator. I was so persistant in calling and I think that finally got me where I needed to be. NACA was trying for a lower rate, but at this point I am ok with what CW offered and thought it was fair. Just wanted to post what my experience was and thanks to all the information I received. It helped tremendously.