We have 2 mortgages with GMAC; 1st 223,000 at 1800/mth & 2nd 57,000 at about 289/mth-interest only. We purchased our house 8/06 for 269,000 and it is now worth around 210,000-220,000. We have been trying to get a loan mod through GMAC with no luck-denied 3 times. I currently submitted our paperwork with NACA to see if they can help. Our last payent was 12/08, but we did a forebearance of 1500/mth for 2 months in March, then just payed 900 in July to stall foreclosure while they ran our paperwork again with no luck. They are starting foreclosure 8/28. My question is what if we just started paying the 1st mortgage and not the 2nd? It would be tight, but we could borrow some money if it would stop the foreclosure. My 78 year old mom lives with us and the worry over where we would go-we also have 4 children, is starting to get to her and I have no answers. Could they still forclose if we didn't pay the second mortgage since the house value wouldn't cover it? I'm willing to try anything at this point, I am so fed up with GMAC!