Keep up the great work and I really appreciate you giving me credit for my blog. You’re a stand up guy and you are doing a great service with your blog and work.

I need someone like you and would love if you can offer any advice or posts for my blog and forum in regards to FHA, especially the FHA Secure Loan.

You are very smart to offer this information to borrowers as believe that FHA will be the only game in town in the future for non-prime borrowers and there needs to be a good site that educates and informs. Looks like you filled that niche quite nicely and I want to affiliate myself with professionals like yourself.

OK, don’t get me started on Countrywide. lol. It just never stops with them and their antics. Meanwhile they keep foreclosing on homes and NOT working with borrowers as they send out these propaganda press releases that the media just eats up. It amazes me that this stuff continues and then to top it off Peter, their stock goes up after they report a 1.2 billion dollar loss. ??

Gee whiz. I feel like I’m in the twilight zone sometimes.

I wish you the best!

Moe

Is CW offering modifications for the all loans that they service or just those loans that they own and have not been able to sell.
The difference is huge, the first option shows that they have been able to negotiate with the down stream investors a monumental event, the second option (refi teh loans that they own or have a particpation in) is just self preservation repackaged in the cloak of community responsibility.
They have so many garbage loans on the books that they have to act.
Further more they have no choice, total up the potential loss on forclosures and the write down that they will have to take for revenue they posted on the servicing revenue that will never come about if the loans are “repaired” by other companies or are lost to foreclosure.

Countrywides offer is not altruism or community responsibility it is SELF PRESERVATION at it’s finest.