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Old 05-07-2009, 06:27 AM   #62 (permalink)
bigburn
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Re: My Countrywide Story success

Just to add to my last post - my understanding is that any restructure depends on BONY's PSA with CW. Some allow modification, but have buyback clauses. And that seems to be a problem with mine since the delinquency is so extended and the amount approaching $100K because of the time factor.

CW had advised that a restruction would result in HIGHER payments. Not the object I replied.

Thanks for the comments. I'll continue checking with NACA.
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