MODIFICATION

The Mortgage Lender's scam

 

When I was young I often dreamt

Of owning my own home one day

A great investment it would be

No money down, thirty years to pay

 

And together we made it a home

A wonderful place to raise our kids

With lots of land for them to roam.

 

In love, watching our children grow

Then one day my health went south

Couldn’t work, had to take life slow

 

She worked hard but the pay was low

Unemployment? It wasn’t enough

To make ends meet, our debts did grow

 

No worry, we understand, we can bend

They say, we really want to help you out

If you modify we’ll tack it to the end

 

Fill out this form, Send us this and that

No payments due until you’re approved

We’ll get this mod done in nothing flat

 

Then a letter comes—your payment’s late!

We wilt in disbelief, you said no payments due

But it’s ‘pay up now’ or we’ll accelerate?

 

Don’t understand this chilling event?

After passing us around, a supervisor says

Ignore the letter, it shouldn’t have been sent.

?

But weeks go by, yet not approved,

More letters come that make us squirm,

We call, complain, get passed around.

Don’t worry. All is well, they confirm

 

Weeks stretch to months, still no word

Then a letter comes, certified mail

I call, upset. Oh, don’t be concerned

But, what in the hell is a trustee’s sale?

 

Just hang in there, your mod’s a go

But from a law firm? I’m not convinced

They say, they know, just breath slow

 

Can’t find my application anywhere?

I sigh in disbelief, such incompetence,

Beyond belief, I’ll kill them all, I swear.

 

You said you ‘d wait, you wouldn’t dare,

Sell my house at a foreclosure sale? I call,

Mad as hell, but noone there seems to care

 

But don’t despair, Cash for Keys is still a go

Move out now, no fuss, and have a nice day!