DDgator,
The decision to modify is up to the investors. Without a hardship, falling into the investors guidelines, etc...it may be hard. From what I understand on the Obama plan, it may fit you well if Fannie or Freddie are your investors.
If this is your only property, you might could try NACA:
https://www.naca.com/refinance/refinanceSubmission.jsp
or make an attempt using a qualified attorney.