I have equity in my property. As best I understand I could sell the property or reinstate my first mortgage with Green Tree. The arrears amount is significant even though my foreclosure lawsuit dates 1/13. How likely are "they" to negotiate a settlement (waiving of attorney's fee, etc.) when there is equity in the property? Does Green Tree negotiate on FNMA's behalf??? I realize they do not wish to own property, yet... And when negotiating a reinstatement (or is this not the accurate term since I do not wish to pay the total amount shown on their documentation) I assume I do not have to qualify (unless desirous the terms be modified). A modification is out since my x is on the note and mortgage but not the title and unwilling to take part. If I determine I must sell do they ever reduce the balance on a sale (not a short sale) when there is equity? I doubt it as I wouldn't if I were them. The lawsuit is from B of A, my mortgage/note is now with Green Tree. It is sensible to try working with the lender on my own? If so, any tips? Who to talk to, who makes the final decision? If use an attorney, what is the typical fee? How do I find out who best to negotiate on my behalf with Green Tree? Perhaps negotiating a reinstatement is unusual so attorney's will have little experience? How do I insure the documents protect me as well (from deficiency judgement) if I am able to negotiate a reduction from the lawsuit amount? I had a hardship situation; ovarian cancer, divorce, loss of job and more, yet why would this matter now? Thank you and best wishes to all.