Loan Modification Forum - LoanSafe.org - View Single Post - Countrywide modification papers signed but now I have terrible credit score, and unemployed

Yanqui · 12-28-2008, 03:02 PM

***, or Moe? I can't make the second home payment even with the modification due to health related issues keeping me from working. I called a company (can't seem to find the paper where I wrote the guys name and number to talk to.) He stated that they should be able to get me a forebearance and the same modification for my primary home but it will cost seventeen hundred dollars per house.

I see my Doctor on Monday, and hopefully will have a time line when I can get back to work.

I started with CW before I fell behind asking for a deferment, but turned it down when they raised the payment to a level I could not afford. With the prospects of surgery again, and being off for another three months the only thing that will keep me out of foreclosure is for my primary residence to be given the same modification and a ninety day to 120 day forebearance or a reduction in the balance of both mortgages. Both homes have lost together over three hundred thousand dollars.

I missed this months modification payment, and talked with CW, but with the lean on the second home for not paying HOA dues I feel like I'm trying to save something that's not worth saving. I know it's a gamble and I'm grateful for what CW did do, but it's not enough, and it happened far too late, and too little to help; even after I rented both homes out, and went to live with family so I could at least try and save my home and have the other home pay off my debt.

I also will contact NACA but I am now in a catagory that doesn't meet the criteria for help. I don't live in the homes, I have no income, and I won't be seeing an income until either unemployment relents and pays me or temporary disability pays me. This is another catch 22. Unemployment denied me because I voluntarily quit the job I had in Arizona, even after explaining that I could not make ends meet with the ise in fuel and utilities and food and especially after having surgery last December. Disabilitie turned me downed because they said I was not working at the time I applied for disability so there for I did not lose any wages.

Just venting..
I would be hard pressed to come up with thirty four hundred dollars for them to do this, I would have to miss my primary house payment to do it.

12-28-2008, 03:02 PM	#13 (permalink)
Yanqui Senior Member Join Date: Oct 2008 Posts: 168 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Countrywide modification papers signed but now I have terrible credit score, and unemployed ***, or Moe? I can't make the second home payment even with the modification due to health related issues keeping me from working. I called a company (can't seem to find the paper where I wrote the guys name and number to talk to.) He stated that they should be able to get me a forebearance and the same modification for my primary home but it will cost seventeen hundred dollars per house. I see my Doctor on Monday, and hopefully will have a time line when I can get back to work. I started with CW before I fell behind asking for a deferment, but turned it down when they raised the payment to a level I could not afford. With the prospects of surgery again, and being off for another three months the only thing that will keep me out of foreclosure is for my primary residence to be given the same modification and a ninety day to 120 day forebearance or a reduction in the balance of both mortgages. Both homes have lost together over three hundred thousand dollars. I missed this months modification payment, and talked with CW, but with the lean on the second home for not paying HOA dues I feel like I'm trying to save something that's not worth saving. I know it's a gamble and I'm grateful for what CW did do, but it's not enough, and it happened far too late, and too little to help; even after I rented both homes out, and went to live with family so I could at least try and save my home and have the other home pay off my debt. I also will contact NACA but I am now in a catagory that doesn't meet the criteria for help. I don't live in the homes, I have no income, and I won't be seeing an income until either unemployment relents and pays me or temporary disability pays me. This is another catch 22. Unemployment denied me because I voluntarily quit the job I had in Arizona, even after explaining that I could not make ends meet with the ise in fuel and utilities and food and especially after having surgery last December. Disabilitie turned me downed because they said I was not working at the time I applied for disability so there for I did not lose any wages. Just venting.. I would be hard pressed to come up with thirty four hundred dollars for them to do this, I would have to miss my primary house payment to do it.