Countrywide Modification Advice from Loan Safe to SUCCESS!!

[Mike]

My husband and I suffered a cut in income (i'm in real estate, he's in tv), and we haven't been able to make our payments the past 2 months.Originally we bought our home at 7.125 first and our second is currently at 6.5. We spoke with an Indian woman who told us we could possibly lower our payment to 5.25 on the first, which would make all the difference in us being able to keep our house. Right after she told us that, we were assigned to a woman named Gabrielle Williams, who told us that "the company that has our loan doesn't negotiate". She said the best they will do is to add our past mortgage payments into our loan, amortized. She said it was "take it or leave it". Our interest wouldn't change at all. We are inclined to just accept it, because we don't want to lose our home, but something in me says that there is still some play there.I'd love to know if anyone else has experienced this.Thank you for your help,Lori