I received my FedEx package at the beginning of the month. Basically I got a rate reduction fixed for 5 years then it goes back to the Note.....but heck it's better than nothing at this point. I called and confirmed a couple of things with the folks at
CW about the loan mod. For example, we are current and have never made a late payment....and the loan mod had assumed we wouldn't make a payment for 2 months and just added the payments to the principle. I actually called in our payment for February because the web interface wouldn't allow us to. Funny side story there...they tried to charge me an extra processing fee for calling it in.....they of course waived it once I explained that it doesn't cost anything to do it over the web. Anyway, one mistake I did make after reading some of these more recent mails is to make a copy of the notarized version of the modification. I have an unsigned copy...but still. A lot of you folks have me nervous now
I personally don't think there is a silver bullet to work with
CW. What I do know is like anything in life, the more courteous and friendly you are with them the better a result you'll get.
-Dan