Now I am here in foreclosure. We stopped paying the mtg march 2012. My husbands job and income was slowly taken from him by his boss. We wee in a temp mod. Our rate is now 10%, 5000$ a month. Then last September my husband was injured at work, workmans comp case. Got an atty working that for us, but no news until sept or oct of this year. Husbands income disappeared. We had to go on state support. He found a new job, got off the help, and we were just barely pulling ourselves out of he water, when the foreclosure papers came. I tried like hell to do another mod, but we were denied because apparently our mortgage only allows 5 events during the 30 yrs. 2 events were, they pushed off 2 payments to the end of the loan, without us knowing, and 3 modifications we requested and received. So we got 5 small kids, a dog, and a mediation date in August.
What is really freaking me out are all the slow drive by people, and photographers taking pictures of our house.
We could afford to live here if we could get a 3 or 4% mtg. But they just are not going to budge.
I am beyond depressed. I am filled with despair and don't know what to do.