Thank you for the replies. This is all making me extremely nervous. When I first began reading here, there were a couple Saxon success stories, albeit success after lots of frustration and hard work. Those stories gave me some hope that we just might be able to save our house and our credit. Now I'm not so sure. I mean, after all, we're not late and never have been nor do we want to be. Our only problem is not making enough money to afford the adjusted payment amount. There is absolutely no way we can afford it. If this loan modification doesn't work, we have no other option but to give up the house, go back to renting and allow our credit to be destroyed in the process.
It just sucks and is extremely stressful to think that there isn't anyone with any kind of power in Saxon's organization who might be able to see the logic in letting us keep our payment at the pre-adjustment amount instead of them going through their expense of a foreclosure to claim a house that's got more owed on it than it's worth.
As for the attorney suggestion, there's no money for an attorney. If it looks like Saxon isn't going to allow us to keep the pre-adjustment payment amount, that mortgage payment money will be going into a first & last month's security deposit fund for a rental so we have somewhere to live once foreclosure proceedings start. That's it - there is no other option.
*sigh* Thank you for listening. I'm about ready to give up any hope of getting them to work with us - I'll still call and bug Saxon for everything I'm worth but it's sounding like it's not going to do any good because we're actually on time about making our payments. How screwy is that?
