New FHA Home Loan with extenuating circumstances

[feebee]

Has anyone been able to secure a new FHA loan after a bankruptcy and foreclosure with extenuating circumstances? I keep reading about it but I am wondering if anyone has ever done it. In my opinion divorce was a catastrophic event for me as I went from a dual income to a single income household. Once my ex filed bankruptcy I really didn't have any other options. I still tried to workout a loan mod with the bank. Got a promotion at work so I could afford the payments but it was too late and they started foreclosure. Now I would really like to be able to purchase a home again in 2013. But the 3 year foreclosure rule will ruin this for me. With re-established credit and a nice down payment would I be able to purchase a home with FHA?

[Jeffrey L. Shurtliff]

Personally after not getting a loan mod showing banks will not work with you, I would not buy. It is King Freddie Mac and Queen Fannie Mae that is the FHA and control it and they are the main culprits in this foreclosure mess. They are so powerful congress won't touch them.

[EricWo]

Were you ever able to get a new loan?