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Old 02-14-2009, 04:51 PM   #17 (permalink)
asrs4
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Re: Received loan Modification But Countrywide has no record of it

Ours was more like a streamline modification. We originally had a fix rate at 7% for 30 years and the offer was 7% for the life of the loan but for the 1st 10 years it's interest only. Were basically back to square one but at least we have the option to pay interest only when some months get tight it's not much of a savings but right now anything helps, so I'm thankful to Countrywide and they didn't make us wait so long compared to other people. We applied on Jan 25, 2009 we received our Fed Ex package on Feb. 9, so it only took about 2 weeks to get our documents. I just hope everything goes through ok being that this is a program through the AG settlement and its based upon your income.
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