Hello! We received our NOD in mid-September, and now our servicer (AHMSI, investor is Wells) is offering a VERY low-payment in-house modification. Since we are already in the foreclosure countdown, are they just trying to get a little cash out of us before foreclosing? Why would they offer such a great deal after already sending us a NOD?
If we're going to end up being foreclosed on anyway, we'd like to save our money and not pay them for three months and still get kicked out. Anyone's advice appreciated - is this a typical "fraud" type action on the part of the bank or can these last minute mods actually work out? I'm suspicious because it just seems too good to be true. Advice please!! Thank you!