[maryloucross]

Hello my heart goes out to everyone on this site as well as those who are not even aware there might be help out there. I don't want to waste any time because I know there are so many people under the same time restraints as myself.

First I want to let you know I live in Arizona and this is where my property is. I fell behind in my mortgage payments with Countrywide in November. I am retired & a widow. My daughter and son in law live with me to help me out financially and to take care of the property. This last year has been difficult with the economy in dire straits. Periodically in the past I have fallen behind in my payments but have always been able to catch them up. This time I am not able too.

In late December my septic tank and leech fill was damaged and had to be replaced. This took all of my money for the Mortgage Payments plus some to fix. With no savings I am in big trouble.

I decided to apply for an FHA Reverse Mortgage. Because I am retired and over the age restriction I can qualify. It's my understanding there is no income or credit qualifications. The requirement is equity which there is plenty of in my home. This home is our family home and I don't want to lose it. At this point of time it makes sense to apply for a Reverse Mortgage. The process has been started with a Lender. I believe everything is complete and the lender is prepared to send the package off to underwriting for approval.

My problem and the reason I am asking for help is Countrywide commenced foreclosure which I was not aware of until the Title report came back and showed the recorded foreclosure sale (this is another issue I have with Countrywide). The FORECLOSURE SALE date is June 11, 2008. I am afraid the Reverse Mortgage will not be approved and funded in time to beat the foreclosure sale date.

I have been on the phone with Countrywide for the past 10 days and have gotten the run around like everyone else. Each person is new and the story must be repeated and they go through the entire process all over again. The people who answer the phones give you the wrong information or direct you to the wrong place. I think these people are on auto pilot. I am asked the same questions over and over by different people. The problem is my situation is a bit different. I am not asking for a payment plan or a modification or a short sale or file bankruptcy. I want to pay Countrywide OFF in full through the Reverse Mortgage.

I desperately need to get to the right place and the right person to try and get the FORECLOSURE SALE POSTPONED for 30-45 days until I can get the Reverse Mortgage approved and funded. Does anyone have any idea WHO I need to speak with and WHAT Department?

Please can anyone help direct me in the right direction. I would so appreciate it. Thank You! Thank You!

Mary Cross
Arizona

P.S. I am also contesting the Legal Foreclosure Process. I was not Notified by Certified Mail as required in Arizona. Which is why I did not know the process had been started until the Title Policy was issued with the Lender who is handling the Reverse Mortgage. However when I call Countrywide you guessed it I am getting the run around about this as well. I will have to pay the Foreclosure cost in my Payoff even though I don't feel I should have to. The Trustee should have to waive those fees. But at this point my MAIN CONCERN IS TO GET THE FORECLOSURE SALE POSTPONED