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Judith · 04-14-2008, 08:50 AM

So underwriters are looking into the problem of people bailing and getting into an affordable mortgage. What choice do they have? If lenders are still FORCING people to pay the newly adjusted rate - as our is nearly $900.00 more a month - and refusing to work with us, again, what choice do we have? We tried to refinance our home over a year ago and did not find any takers due to the fact that we did not have enough equity in our home. I, personally, as well as my husband, would love to stay in our home, but we cannot afford the adjusted increase. And if no lender is willing to work with us, what do we do? Chase has still not given us any notification that they will redo our loan. Should we hire an attorney?

04-14-2008, 08:50 AM	#30 (permalink)
Judith Junior Member Join Date: Apr 2008 Posts: 4 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Ways to Stop Foreclosure So underwriters are looking into the problem of people bailing and getting into an affordable mortgage. What choice do they have? If lenders are still FORCING people to pay the newly adjusted rate - as our is nearly $900.00 more a month - and refusing to work with us, again, what choice do we have? We tried to refinance our home over a year ago and did not find any takers due to the fact that we did not have enough equity in our home. I, personally, as well as my husband, would love to stay in our home, but we cannot afford the adjusted increase. And if no lender is willing to work with us, what do we do? Chase has still not given us any notification that they will redo our loan. Should we hire an attorney?