I will keep my House for my Kids

[SuzieQ]

I too have been trying to keep my home after divorce for the sake of my children. I built this home in 2003 and divorced in 2004 and after 2 refi ended up in a sub prime 80/20 with the 1st being adjustable. I have a tough time with this but I know in the end my children will be safe and secure having the home that they know and not being bounced around rental properties, however I am not above renting if it comes to that. I have attached the letter I sent to the CEO and CFO of Homeq along with the CEO of Barclays bank which owns the servicing company. I figure if anyone can assist me it is them. If they chose not to assist me then, I rent. In all reality how bad would it be. A ding to the credit...who cares. Cheap rent and if the air goes out, call the landlord. Will the children survive? Yes as long as we are together.Recently I wrote this to Homeq re foreclosure notice.To Whom it may Concern: I am writing this letter to explain my unfortunate set of circumstances that has caused me to become delinquent on my mortgage. I would like assistance to resolve this delinquency. I am a Registered Nurse and for the past 2.5 years have been working with a Nursing Agency as my full time employer. April 4th was the last shift I have worked with the Nursing Agency due to the lack of available work. I have since been dealing with a Nursing recruitment firm to seek full time guaranteed employment. I have secured such a position, however, I do not start until June 3rd and my first pay check isn't until June 20th. I realize that I have become delinquent for the month of April and also the month of May. It is my intention to correct this delinquency with paying every 2 weeks until I am current with Homeq. I would appreciate speaking to someone who will assist me in resolving this delinquency. I have had numerous conversations with various Homeq representatives and I do realize that they are just doing there job and trying to collect on the debt, however, I am willing to pay this debt. I know how I will be caught up and I will have the income to continue my mortgage, however, no one is willing to discuss this with me, instead I am being offered very poorly put together repayment plans and threatened with foreclosure. I will have the ability and the income to support this mortgage and what I need from Homeq is the ability to speak to a person who is truly willing to assist me in resolving this delinquency as it would be beneficial to the investors and also to my family. This is what my plan entails:My Paydays will be as follows June 20th I intend to pay for April 1731.46 + (86.57 late fee) = 1818.03 on 1st plus 641.03 + (32.05 late fee)= 673.08 on the 2ndJuly 4th I intend to pay for MayJuly 18th I intend to pay for JuneAugust 1st I intend to pay for JulyAugust 15th I intend to pay for August I have tried to explain this to Homeq customer service representatives only to be told that the best they can do is place me on a repayment plan for 10 months and include 10 months of late fees, not willing to accept my payment plan with the knowledge that I can and will be caught up as I have tried to explain in this letter. All of my payment will be sent via automatic from my Bank to Homeq. It behoves me to think that Homeq would rather keep me in my home as I am 120,000.00 upside down in this mortgage and willing to take care of my responsibility rather then forcing me into foreclosure and having the investors take yet another loss. Now, my intention is to stay in this home and my goal is a fixed rate so I can live here forever. I would appreciate resolving this in a manner that benefits the investors and my family. If you have a loan modification that is better then what I am proposing, please inform me as I do not want to encounter any unnecessary fees considering this is a sub prime loan and basically all of my payments are interest so in the end the investors are making a ton of money off of me already. If Homeq is unwilling to modify/assist me then please send me the address to mail the keys if that is what you feel would benefit you and your investors. The choice is yours. All I have been trying to do is provide a stable home for my family and a few hard knocks throws me into sub prime. Is Homeq willing to resolve this in a beneficial manner for all parties involved or does Homeq just want the keys? I do not appreciate that it appears that because of some hard knocks Homeq wants my home. So, tell me.....will you at every opportunity try to take my home or will you actually try to keep me in the home? Thank You for your time and concern on this matter. I look forward to hearing from you. I can be contacted viaOnly time will tell.....Expect the worst and hope for the best.