Same thing happened to me...bought house in Nov 05, gut renovated it, dumped all our savings into it....cost overruns screwed up our credit, then refi in 07 to deal with all the contractor bills, etc....then in Oct 08 hubby said he hates the house and doesn't love me and wants a divorce...oh, joy...what a time to do this!
I tried with
CW since 10/08 for a loan mod....they send bs loan mod agreements....I have gotten 3 so far...lowering the outrageous 10.55 mtg to 8% is not going to do it - so I am going with NACA...attending a workshop this Saturday. I did not pay my mortgage for March. I was a day late with February and did not pay the late fee.
I just got a very nice letter from B of A letting me know they are taking over
CW and how much they value me as a customer.....and haven't heard a peep from
CW about not paying the mtg. I hope they haven't dinged my credit yet as I am going for a car loan refinance right now, too!