If you have a loan with EMC or Bk of America you will be up a creek without a paddle. Your best bet is to short sale the property or request a deed in lieu of foreclosure.
they are not attempting to help and you will stay on a phone line with them forever. How do I know this? I work as a housing counselor for a non profit agency.
they have a emilinate default dept for if you are not behind on your loan that is suppose to help you and a retention dept that is for if your behind that is suppose to help you and a loss mitigation dept that is suppose to help you and they are worth a nickel worth of help to their customers. Their service is a joke.
again how can i say this? I attempt to work with them 5 days a week and they such.
Product or Service Mentioned: Bank Of America Mortgage.