[Drew Peterson]

...my 2010 paid interest go? I exercised the re-set and it took them until January to get it done. In the meantime, I made payments of exactly the same amount as prior year. When I went to get my taxes done, I noticed that interest paid was 56% less then the prior year. After numerous phone calls and transfers a woman told me that the difference in the interest was applied to our principal. This makes no sense to me and I have asked them to give me a full accounting of how my 2010 payments were applied. Can anyone explain this to me? Worst Customer Service EVER!!!!!!! I could write a book!

[Nari Lee]

the answer is in your reset agreement that you signed with them....reducing the principal sounds correct