Well I finally have resolution after 26+ months of trying. Here are the basic details:
Original $250,000 40 year adj. (37 years left) that was modified in '08 to a fixed @ 7.5 with a payment of 2015 TI included.
Mod $310,000 25 year 5.75 with $80,000 deferred which will be forgiven if I pay on time for 3 years. New payment of 1800+ (depending on escrow). Ballon payment of about $5000
I think this is a decent deal since originally all I wanted was help because of a pay cut. I must say that dealing with Chase over the last 4 months has been pleasant. From the time the excecutive team found that I had not been serviced correctly and never offered a trial plan they got right on it. I finally started my trial in January, made my last payment March 1 and recieved the perm mod paperwork this week.