Totally understand…PNC/National City, similar lay-off scenario, project management (PM) contracts were not coming in, I asked them for a four month forbearance…it was 2008-2009, companies started to freeze funds making it hard to find work…so, with the grace of God, I was able to obtain work within three months; however, National City placed me in foreclosure, this ruined my credit score, making insurance rates higher, interest rates higher, and hard to find a career that was perm position versus my profession, PM. Lets discuss huge financial injury (took 50% pay cut), wrongful foreclosure, and making higher (on-time) payments including their lawyer fees. They still will not modify my loan…they want another $7K for payments to their lawyer….mind you, I still making payments, on time…2015 the foreclosure should be off my credit score.
You are so correct, government has no humility…only greed…and many could give a crap if the middle class ever makes it in this insane democracy.
I’m now seriously ill from the four year fight, the stress this has caused on me, and my family is large. I’m a fighter, main reason I’m still in house. I did take a 50% cut in pay to show I had a 40 hour a week job. Guess when you have degrees and certifications that you can actually make good money, the mortgage companies think of self-employed beings as losers versus success driven adults.
So, Rust consulting sent me a $500 check stating NO FINANCIAL INJURY, really!
Insane…

Thank you for sharing you information….

GB you’re an idiot. The economy fell and hundreds of thousands of jobs were lost. Who’s fault was it? Wall Street. The banks lost nothing and were bailed out by taxpayer dollars. Got a clue yet?

I know exactly what you mean, and how you feel. But its not just the banks that are underhanded. Let me tell you a bit about my story. I bought from a private seller, and she carried the loan, but in 2011, she decided to send me a default notice, i was not in default, but she would not respond to my letters, and she fraudulently foreclosed, cuz i didn’t have the money for a fancy attorney , i filed bankruptcy, had a bad atty as my bankruptcy atty, and he neglected deadlines my case was dismissed after 14 months of fighting, and the trustee sale was final on Apri;l 19, 2013..i am now being forced out, but I am not done yet. I will file for breach of contract, and now i have learned enough to do it Pro Se , and no more lawyers that steal and don’t do anything. So a person can loose a home even from a crooked PRIVATE seller/lender.
Beware of them too !