What can I do to save my home?

[Joel Fraser]

I recently called my mortgage company HFC letting them know that I had a hardship. I talked to someone and received a letter stating they will be lowering my payment from $3409.99 to $3201.76 for the remainder of my loan. I brought my house almost 4 years ago and refinance about 2 years ago. I owe about $476,000 on my house and it worth about $390,000. The loan we originally sign for started our payment at $3609.00 and if we paid on time over the next 10 years our payment would be reduce $90/each year until the 10th year and our payments would go down to $2760 on the 10th year and would remain this amount for the remainder of the loan (total 30 years) little did I know I would be losing my job and get another job but took a pay cut and now with the economy I can't even afford the $3201.76/a month. I called my mortage company and they advise me that they were not going to be able to do anything else for me and I need help. I haven't been able to pay my taxes for December 07 & April 08 and I don't know what to do or where to start.