This is a typical example of REAs incorrectly answering a mortgage question. You would have done better with the common REA response "Call me, I will put you in touch with a great lender or call .... he/she has helped a lot of my clients." If Hbruhner did not respond, you would have done a tremendous disservice to Colin.
Does anyone ever look at the original "posting" date? Since that time we've had a whole bunch of bailout money hitting the streets. Hopefully she's with Countrwide and can get her loan redrawn to 90% of current market value. If you're still out there Nora go to the Attorney General of California web site and read over the settlement with BofA and Countrywide as this directly addresses their product line. Save yourself a whole bunch of money and do it yourself. Cindi is right on--it's going to be maddening, frustrating but rewarding. Get them on your speed-dial and call daily, keep a phone log of your communications and NEVER sign anything unless the lender has THEIR signature on it! A blank forebearance contract ain't worth the paper it's written on! Good luck! The lending landscaping is akin to continental drift, huge plates colliding all sorts of upheavel but in the end a much more attractive, landscape!... more