Ok,so I initially submitted my paperwork on or around August to Chase for a loan modification via MHA program. It took awhile before anyone touched my file, but once I called constantly for a status update I was assigned a Customer Assistant Specialist(RM).
From August, up until two weeks ago my file did no go thru much of what I've been reading like lost or unreceived documents or faxes.
Well let me bring you all up to date, they offered me the following Trial Modification payments:
1st payment due 01/01/2012 $1,045.00
2nd payment due 02/01/2012 $1,045.00
3rd payment due 03/01/2012 $1,045.00
* does anyone know if this payment includes the escrow amount? If so I am OK with it.
The only issue is not sure if this is the best offer they can provide as my original house payment is roughly $1,400.00 *(escrow included) The payment difference is around $360.00. Is this good or bad?