[saveit99]

Loan Modification and the new Housing Bill that will be in place soon? I have a home loan with Countrywide and I tried calling to see if I was eligible for a loan modification. They said that I either had to increase my income or reduce my debt. Now I maybe wrong, but would that not be why I was calling. When I took out the 80/20 loan, I had a second job which I lost. I am still current on my payments and they have not been late, but it I am having to borrow money from others to make the payment. So I am wondering if I don't qualify for a Loan Modification would I possible be eligible for the New Housing Bill that takes place Oct 1st. Or is it pretty much the same thing?