I got offered the same thing, they call it Moratorium. Pay portion of your payment for 5 months than pay everything on the sixth months that it after 6 months of jerking me around having to resend paper after paper. In the mean time you have to sign that you are in default (which I am not because I have kept up with the payments) and get dinged on your credit. In reality it’s a TRAP!!! For those of us is NOT upside down in the mortgage. They are betting that you will not be able to come up with the balloon payment in 6 months and they... read full review »