Thanks guys...I have never in my life done so much to get so little from so many....honestly...I am glad to be done with the whole mess....but it was not all for vain...it provided us with a "safe harbor" so to speak from foreclosure while we worked on it, and it allowed the lender (in my case, SPS) to go to even further extremes to modify these loans. Stuff that they do now was impossible back in Oct. /Nov. last year. So, now that it is over, I can tell you that the loan we were after was a short refi. We were able to get SPS to agree to a principle reduction from 459,900 down to 175,000 and some change and fix it at 5% for 30 years. I have that on paper. Now that the loan is not going to go through, I am going to revisit the mod process with that letter in hand, and get them to accept the principle reduction, fix it at 5% or less for 30 or 40 years, the more the better. But the best part is that they are doing this. So now, I don't have to get a new loan, I can just redo the existing one, and save on all those lousy insurance fees I would have had to pay with H4H. I don't have to pay them now. I can't help but wonder what my loan payment will be if I can pull this off..but I am hopeful. Keep us in your prayers and know that God never gives you more than you can handle, and that ultimately, I place our lives in his control...blessings to you all....
