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varga197
201 Posts |
 Posted - 08/11/2008 : 3:47:14 PM
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Does loan mods work for borrowers with fixed rate loans in the 6%'s and 7%'s rates?
or is there a "rule" for it? thanks. |
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financeone
1635 Posts |
Posted - 08/11/2008 : 3:51:14 PM
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| Nope. Rule is that current rate must be inproportionate to value and/or borrower must follow FIFA. |
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isitfree
759 Posts |
Posted - 08/11/2008 : 3:55:33 PM
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We can't get Loam to do much of anything these days.
He just sits around watching TV and cyberloafing on the computer all day. |
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varga197
201 Posts |
Posted - 08/11/2008 : 4:17:32 PM
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| I'm ignorant on this sorry what's "FIFA"? |
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financeone
1635 Posts |
Posted - 08/11/2008 : 4:38:06 PM
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| Family In Fiscal Abyss. |
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cblaskoski
542 Posts |
Posted - 08/11/2008 : 4:42:32 PM
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| what does the borrower must follow Family In Fiscal Abyss mean? |
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financeone
1635 Posts |
Posted - 08/11/2008 : 4:47:59 PM
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Okay let me stop this before you get your panties bunched.
Kidding/Joking/being an ass...
Please use the Search feature on the BO and you'll be able to get in contact with folks that are honest & knowledgeable. |
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isitfree
759 Posts |
Posted - 08/11/2008 : 5:07:42 PM
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| FIFA is Loam's soporific dog. |
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