On April 24th, 2009, mom wrote a letter to someone named Mr. Black regarding the mortgage on her home in Gainesville, FL. She was crushed when the bank eventually foreclosed on it.


April 24, 2009

Dear Mr. Black,

I am writing to you regarding my loan #XXXXXXXXXX.

I was working with someone from your team on a loan modification. The last I heard was that they were working on starting the modification. At that time, I was not working, and your associate said that they could do a modification using unemployment compensation as income. I thought that was a little strange, but I hoped it would work.

I am starting a new job Monday, and I will be able to cover my bills and put some money in savings as well. It will be tight for a while, but I expect that my part-time work online will bring in at least $100 to $300 per week.

My monthly bills come to about $900, and I am also planning to work on the internet at least three nights a week.

When I work online, I can make more than I make on my job.

I am certain that you have received all of the information I faxed to you about six weeks ago. If there is any more information that you need, please let me know.

I really don’t want to lose my home, and I believe I can manage to make enough money to save it, especially if you come through with a loan modification.

Thank you for your time and help.

Kathleen A. Gagne