When my husband lost his job it was before all these financial institutes went under, we were with wakobia bank at that time, They sold our note to Vericrest Financial. We sent them a hardship letter explaining all the facts and told them we would send as much as we could to catch up. We were told they would modify our loan and work with us, all wehad to do was keep making our regular payment for three to four months as a good faith measure to show them we were trying. So we did so. Now we recieve letters stating that the payment we have been making are going towards te back balance and they now want to raise the payment to over $1200.00 to help us catch up. We cannot afford this. I am the only one working I am self employed as a painter, I only make what ever the bid is. I have busted butt just to keep my word with them now they are changing everything up. I do not want to loose my home. When we call you talk to too many different people, one hand does not know what the other is doing, now I am faceing forclosure because they lied to us. I think the Federal Government needs to check into these new home lenders who are taking homeowners payments under false pretences.
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