posted on Jun, 27 2011 @ 04:41 PM
Bailout money to help the people in trouble with their mortgages ##SNIP##
We missed our 1st payment in November hubby had a commission job. Never knew when a check would come or for how much, sometimes went 2 months with out
pay. We went on several occasions and tried to pay 1 months worth when we owned for two or two months when we owed for 3 and they would not accept our
We started a modification with them in Feb or March sent in tons of paperwork. In April or May something with their computer happened and our mod was
closed. We restarted and resent in tons more paperwork some had to be resent from the 1st round. They would ask for paperwork. I would send it in and
then a week later they would call needed new paperwork and on and on. Hubby landed a great job end of May with good pay and it is steady pay. Oh but
now they had to wait for two pay stubs from the new job so everything was put on hold till we got 2 pay stubs from the new job.
Now 8 months after the 1st missed payment and 4-5 months after I started working with them(they wouldn't help till we were several months past due).
We are so behind there is no way to catch up and they tell me today that the mod is denied because our current income shows we can afford the house so
they cant modify us. So the past 6 months of income where we couldn't afford don't count??
What are they doing with the bail out money. We have been in this house 10 years and have been able to afford up until things went to H%ll. This house
is an average ranch in an average community built in the 50s so its nothing even remotely extravagant. We didn't get more then we could afford.
If you ask me the American dream is a bunch of BS. Buy a house and in the blink of an eye the value drops and your upside down blink again and you
lost your job and/or are having trouble making payments and the bank is on you, miss your property taxes and the county is on you, hell if the city
wants to they can take your house so they can build on the land. So what the F&^% is the point!!