I was stupid, well, there were legal matters that I didn't know. I put trust in my mortgage company to work with me to help or assist me in keeping my home/mortgage. I went through a forbearance agreement, los-medigation charged with attorney fees, re-installment fees, late fees and that forbearance agreement. For the first 4 months, my house payment doubled. This went on for 18 months to 2 years with at least 600 to $900 added to my house payment. According to credit reports, we were never caught up on payments, always behind.
In a forbearance agreement, you are supposed to make a large payment which will cover your current payment and your past due payments. Like I was saying earlier, this went on for about 2 years. I can remember adding up my receipts at one time, and I came up with a total of $40,000 plus, including installation fees to get the forbearance agreement started.
Through all this, my credit ended up being worse, my truck was repossessed, and finally I came to realize that my sanity, my health, family and marriage meant more to me. I was paying out a lot of money for nothing and my family was missing out on a lot. I was stressing out, I was working more hours, missing out on my kids' school events. I could not take it anymore. At this time, 2001 through 2003, basically everything I made went to Citi-Mortgage to dig my grave. Needless to say, they foreclosed on my house.
If anyone reading this has gone through this or knows someone that has, let your story be heard before some mortgage company pushes them or their family into a grave that's not by design, know what I mean?
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