I got a loan modification last May. The lender set aside $92k. I went from 10.5% to 6% interest and lost over $18k in interest payments. My question is, in the past I paid around $18k a year (interest only loan), last year, my lender reported I only paid $4k. In the money they set aside, this must have included interest payments I made, correct? l I missed maybe 2 payments last year due to the timing of the mod, but now, I have to pay $3k to IRS. This is a harsh reality. Thanks for any help. Has anyone else experienced this?