Loan Modification Forum - LoanSafe.org - View Single Post

debdog · 03-04-2009, 07:23 AM

Hi,

I have a fixed rate of 7.55% but we still can't make the $3100 mortgage payment.

My husband just found out he is getting a 25% pay cut this week. His paychecks each week does not cover the mortgage. I am on disability.

I faxed all my information to NACA, expecting a 3rd call today. I haven't told CW yet. CW gave us a modification but just added the back payments to the principal and the monthly payment went up by $100.

Should I call CW and let them know the status of my husbands pay decrease?

My husband is too nervous to wait for increased missed payments we are 4 months behind.

03-04-2009, 07:23 AM	#6 (permalink)
debdog Senior Member Join Date: Feb 2008 Posts: 45 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	decrease in pay Hi, I have a fixed rate of 7.55% but we still can't make the $3100 mortgage payment. My husband just found out he is getting a 25% pay cut this week. His paychecks each week does not cover the mortgage. I am on disability. I faxed all my information to NACA, expecting a 3rd call today. I haven't told CW yet. CW gave us a modification but just added the back payments to the principal and the monthly payment went up by $100. Should I call CW and let them know the status of my husbands pay decrease? My husband is too nervous to wait for increased missed payments we are 4 months behind.