Loan Modification Forum - LoanSafe.org - View Single Post - Cut to the CHASE

RSMMOM · 06-20-2009, 05:11 PM

I think you are probably right as far as trying to get money comming in and slow down the actual mod part! There is a 90 day moratorium on foreclosures in CA. that Arnold enacted. The lenders have to show they tried to modify the loan before they can use the courts to foreclose on the property. I quess at this point we should just pay the 3mo. trial (starts July 1) and then try to renegotiate. We have a first and second both owned by Chase and they did do both loans on this 3 mo. trial.

06-20-2009, 05:11 PM	#6 (permalink)
RSMMOM Senior Member Join Date: Jan 2009 Posts: 42 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Cut to the CHASE - Jumbo & 2nd Mod I think you are probably right as far as trying to get money comming in and slow down the actual mod part! There is a 90 day moratorium on foreclosures in CA. that Arnold enacted. The lenders have to show they tried to modify the loan before they can use the courts to foreclose on the property. I quess at this point we should just pay the 3mo. trial (starts July 1) and then try to renegotiate. We have a first and second both owned by Chase and they did do both loans on this 3 mo. trial.