Loan Modification Forum - LoanSafe.org - View Single Post

cliffdweller · 04-28-2009, 09:33 AM

One Question:
I missed three payments, then made 2 payments. I am trying to keep the arrears at a manageable level. Now I just can't make a payment for 5/1/09. I have been assigned a negotiator and understand they will NOT pursue foreclosure, even at 4 missed payments, if you are in the negotiation process. Is this correct?

Thank you in advance.

04-28-2009, 09:33 AM	#3 (permalink)
cliffdweller Senior Member Join Date: Apr 2009 Posts: 179 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: WaMu/Chase Mod Moving Forward One Question: I missed three payments, then made 2 payments. I am trying to keep the arrears at a manageable level. Now I just can't make a payment for 5/1/09. I have been assigned a negotiator and understand they will NOT pursue foreclosure, even at 4 missed payments, if you are in the negotiation process. Is this correct? Thank you in advance.