Loan mod survival tips

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Q:I know this has nothing to do with buying or investing, but I was hoping you could me help me. I am eight months ($8,000) behind on my mortgage payments. I fell behind last year during the hurricane season and a surgery right afterward. I can afford the monthly payments, but the mortgage company wants the entire past-due amount. It won't refinance my loan or make other payment arrangements. The mortgage company keeps telling me that my income is not enough. My husband is on Social Security and I work full time. Can you point me in the right direction for help on saving my home? A: I get some variation on this question several times a week. Mindset Management Home, as you know, means different things to different people -- this becomes more evident than ever when you're face to face with the prospect of losing yours. When homeowners fall behind on their mortgage, they tend to take stock of their lives and re-evaluate what's truly important to them. What they conclude depe...