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IndyMac modification

This is a topic titled IndyMac modification made in the Home Mortgage section, belongs to our Mortgage Chat category; Currently I have a fix rate with Indy Mac on a 80, 20 loan. Indy Mac has the hire loan on my home. To make this story short, I decided ...








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Old September 23rd, 2008, 01:55 AM   #1
Joel Fraser
Senior Member
 
Registered: May 2008
Posts: 907
Default IndyMac modification

Currently I have a fix rate with Indy Mac on a 80, 20 loan. Indy Mac has the hire loan on my home. To make this story short, I decided that even though I'm not in a due or dye situation, I'm having a hard time keeping up with my payments due to inflation and my income was reduced do to diffent circumstances. I'm in the process of starting a hardship letter, which I have. My question is when it comes down to filling out my monthly expenses. What is the rule of thumb that I should keep in mind? Any help is greatly appreciated. Regards, Lynne Gutierrez
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