[slowbutspeeding]

Thank you for the reply, Komara. Yes, we have an escrow account that is currently in the negative. We do not have an option arm. Foreclosure proceedings have begun, but they are on hold while we work with the mortgage company and await the modification. The monthly surplus is what I am bringing home from the second job: anywhere from $1400 - $1800/month. As I've explained, the second job is temporary, but I need it right now just to keep our heads above water.

The person we are working with told me that if I quit my job before the 3 payments are made (March, April, May), then the terms of modification could be different. As it stands now, our payments might be going up by $200 or more per month. That just doesn't seem fair - or make sense - to me. I don't want to have to give up that second job, but if I need to sacrifice it to get some help from First Franklin, then I will do it.

I asked about the possibility of getting the interest rate reduced and he said it didn't look like that was going to be an option. I've heard that some companies are agreeing to add the past due balance to the end of the loan. Is that an option we might have? Also, I just found out that neither Fannie Mae nor Freddie Mac own our mortgage. Is there something in the government's foreclosure plan that can help us?

I look forward to any advice you may have. Thank you for reading.
One more question: since my co-borrower is pregnant and expecting her baby at the end of the summer, can we amend the financial request form to include a second dependant for her?