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Mortgage Modification

Has anyone every tried it and actually gotten something? I tried for over a year and got nothing; even used an attorney which was a huge mistake; feel like they took my money and ran. Just wanted to know if anyone acutally ever gets a modification? My husband was out of work for 9 months and I still did't get one.

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Jerseymom1228

Asked by Jerseymom1228 at 4:17 PM on Mar. 1, 2011 in Money & Work

Level 5 (99 Credits)
Answers (5)
  • I have a couple of family members and friends who did exactly what you did -- NOTHING CHANGED.
    meooma

    Answer by meooma at 4:23 PM on Mar. 1, 2011

  • Some friends of mine tried and were denied. They lost $1,000,000 equity they originally put down on the house. Lost their whole life savings.

    I don't know what the criteria are, but I don't know anyone who has been successful.
    ImaginationMama

    Answer by ImaginationMama at 4:36 PM on Mar. 1, 2011

  • Our neighbors did, without a lawyer, but a lawyer helps, just dont make te mistake of paying to much for a lawyer.
    IraqiVetWife

    Answer by IraqiVetWife at 4:47 PM on Mar. 1, 2011

  • We did. I am truly amazed because I have never heard of anybody getting one but someway somehow we did. They dropped our interest rate from 6.5% to 4.6%. We go through (dun dun dun) Bank Of America believe it or not. It took about six months. There were a lot of times I just knew they were jerking us around but we got it! I couldn't believe it.
    Anonymous

    Answer by Anonymous at 5:30 PM on Mar. 1, 2011

  • Oh and we did not use a lawyer.
    Anonymous

    Answer by Anonymous at 5:30 PM on Mar. 1, 2011

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