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rozuki · 04-18-2009, 10:25 AM

Update to my update! Had my second phone appt Thursday with the NACA counselor. They are submitting a proposal to basically cut my mortgage (PITI) by 50%. After deducting my taxes and insurance, it comes out to approx a 3.5% fixed 30 yr mtg (I have currently a 10.55 arm/40 year!).

My only problem is that I kept stressing that I am divorcing and my stbxh will not be able to give me much for the mortgage (actually I don't think he will kick in anything...he would prefer to let it go into foreclosure or short sale or DIL. So a 2% would really be better...as it is now, if they approve the proposal ...based on my take home pay.....I can only eat every other month...maybe...

04-18-2009, 10:25 AM	#34 (permalink)
rozuki Senior Member Join Date: Mar 2009 Location: Long Island NY Posts: 356 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: My CW story continues....what a mess!!!! Update to my update! Had my second phone appt Thursday with the NACA counselor. They are submitting a proposal to basically cut my mortgage (PITI) by 50%. After deducting my taxes and insurance, it comes out to approx a 3.5% fixed 30 yr mtg (I have currently a 10.55 arm/40 year!). My only problem is that I kept stressing that I am divorcing and my stbxh will not be able to give me much for the mortgage (actually I don't think he will kick in anything...he would prefer to let it go into foreclosure or short sale or DIL. So a 2% would really be better...as it is now, if they approve the proposal ...based on my take home pay.....I can only eat every other month...maybe...