We have had our mortgage for about 2 years and we have recently fallen behind in payments. My husbands work has slowed down dramatically which has put us behind in payments. I called our mortgage company to see if there is a way to work out a payment arrangement on what we are behind on. The guy that i talked to was just straight forward and to the point. He said that there will be no payment extensions on the missed payments and no way in the world that we could have our loan modified. He said their bank refuses all modifications and refinances that not even an attorney can get get a modification. I asked him if he was aware of the make house affordable program and he just laughed at me and said that it was a joke to all the americans who believe in what the president was doing. I thought that banks were supposed to help you in a time of need.
Read more: Can a mortgage company refuse to modify your current loan?
