[cliffdweller]

Hi Marie,

Our situation is similar. My first is $491,000 (12/06) @ 6.475% 5/1 interest only. I have a 2nd $71K at interest only variable - currently low at 3% $190/month.

I received a call yesterday from Chase Executive Resolution Dept.
Carla Brantley 866-605-9253 ext. 3682 who said she is the contact person. Unfortunately missed the call, and only get message machine. Will keep calling.

We will be 5 months passed due on 6/1, which makes me nervous. Might make a payment mid-month, but hoping a work-out comes before then. We have property tax and homeowners ins. due on 6/30 ($4,000) and hope that they
will amortize them in.

Would love it if they would wipe out the 2nd...have seen that in these threads recently.

Seems good that WaMu owns the loan in that they don't have to negotiate with a 3rd party....just don't know how generous they are....apparently WaMu deals must be approved by Chase, so seems like we just get the same or similar deal as Chase-owned loans....but I am guessing.

Sounds like you are making progress...will send good thoughts your way....what kind of 3 month deal are they talking??

Cliffdweller