Washington HASP or Countrywide AG Settlement?

[renee626]

new washington homowner assistance and stabiity plan or AG countrywide settlement. Does one supersede the other? Do banks get to choose the most advantageous for them or what is best for the consumer? Nadine Price at Countrywide told me back in Sept 08 my modification was approved and good-to-go including a few months rest from paying a reduction of rate to 5.XX% and 5 years interest only at that rate then the balance of the term (3o years principal and interest at that rate. Then in October 2008 she called back and said no papers would be coming due to the Calif AG settlement which I definitely qualified for and would end up being much better for me because I would get principal written down to current market value and all would be handled by December. It’s almost the end of February and after I don't know how many calls and faxes to Nadine Price, Lisa Lopez, Tamara Howell, Steven Hecker --- nothing until this week when Nadine called with really something of an attitude a threatening to "I'll just leave you in the queue if you are not going to cooperate and re-do your financial circumstances survey." She said some folks had gotten modification paperwork. She didn't know why I hadn't except that maybe there were questions about my finances (which no one had questioned or shared in the more than 20 times I had asked for updates from October through January). She said there were about 400,000 homeowners in the queue and they were processing about 1,000 a week. She said I might have been approved for modification when she first informed me, and I might have qualified for the AG settlement as well when she told me but that managers/directors were calling meeting all the time and changing the policy. She gave the example that at one point you couldn't be considered if you had a second home but then it was changed so you could be. She said now with Washington's Homeowner Assistance and Stability Plan (HASP) just announce what I could possibly be eligible might change again! My loan is an option ARM. My present market value is $350,000 and the loan amount is $476,000. greatly appreciate info sources, thoughts observations --- help!!?