We just bought this house last October (a little more than a year ago), and the comps in our neighborhood have decreased about $50K since then. DH's company is really slow due to the economy so we have been pretty much living check to check. I am having a really hard time finding a job! I apply EVERYDAY! Anyhow, my question is when writing a financial hardship letter, how far do you go? They want it detailed, but do I have to explain that we have 2 young children, me not being able to find a job, groceries, tags due... etc? I know they want copies of everything we pay, I just don't know if they want more personal stuff. THX!
Re: Has anyone had to do a home loan modification?