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Old 02-26-2009, 12:28 PM   #1 (permalink)
rudy03
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Countrywide Forbearance Agreement

Hello everybody, Im new to the site and I love it. I have been trying to get my loan modified with Countrywide for 6 months now with no success. Well I recently lost my job due to this economy. I sent Countrywide a copy of my unemployment checks as they requested. Shortly after I got a forbearance agreement via Fed-Ex. This agreement reduces my payments by $1600 for 2 months, and on April 1 they will decide if they are going to modify my loan or not. My question is this. If I do not have a job by April, does that mean I wont get my loan modified? I'm looking everywhere for a job, but it's hard out there now a days. Any comments or advice is greatly appreciated.


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