Hello Lillian,
Saxon is a company that really makes no sense at all. I can tell you that initially I was going to be dinied a modification becuase we finally brought our mortgage current. Than I found out yesterday that we could not qualify since our investor does not do modifications, I was already told this once and than told that was a mistake and the investors do modifications and than told yesterday that it was bad information and they do not.
Really there is no ryme or reason with Saxon, have you considered refinancing with a FHA mortgage? This might be your best bet. I was also told that last Friday they did a huge push and modified hundreds of eligable mortgages without their regular due process because they are so far behind. The new FHA secure guidelines go into effect on July 14th and this might make it easier to find a lender willing to take on FHA.
Good Luck, let us know if you would consider a FHA refinance if you qualify it may save you and your home
