[emmy754]

PART 2

I am a carpenter and in these difficult economic times, the availability of work has been drastically reduced and I have applied for and received unemployment benefits. I have done everything I can to make ends meet, including selling my boat and taking on 3 roommates to help supplement my income. These two additional sources of income will improve my situation, and meet the demands of this loan. I have no car loans and only owe $163 on my credit card. I believe a loan modification would benefit us both.


I am current on my mortgage however due to the economic hardships I am experiencing, I am in significant danger of not being able to make the payment due January 2009. I have only had one late payment which was during the refinance process detailed above. I anticipated, based on the loan officer’s assurances, that it would be completed prior to the due date. Once that didn’t happen, I made the payment the following day but it was after the due date. My number one goal is to keep my home, keep current with my payments and maintain my good credit rating. I would really like the opportunity to do that and I hope that you can work with me on a loan modification. I have attached the documents your “Home Retention” representative requested. Please contact me with any questions or additional information needed.


I appreciate your time and attention to this matter.


Most respectfully,
Attachments: Income Statement; Balance Sheet; Bank Statements, Bank of America; Unemployment Benefits, Rental agreements, Roommates, RV and Boat Storage