Might be easier in the judicial states. Here in Tennessee no one stops foreclosure unless a suit or bankruptcy petition is filed and few have been effective to date. The courts get stopped on ‘default’ and obligation with little regard for the petitioner.

Absolutely true! And even fewer that would help or care even if they knew the law. Having said that I see the banks selling these houses for pennies on the dollar to liquidate so what is the difference. Settlements for pennies on the dollar are being tendered by second mortgage holders that have passed these loans down and down the line. So technically, it might be possible but sounds both risky and doubtful. Still, it might be better than nothing, which is what most of us are getting trying to modify our loans, nothing but trouble.
I have just completed a 5 or 6th “modification package” on my residence. This one so the attorney now defending the lender can ‘bill’ to handle, analyze, or pass along the package before the lender says “no” again! Exhausting my options, the lender will then sell my confiscated house for a fraction of what they could have gained if modified.
No logic here!