Like many we waited in anticipation of the outcome of the Trial Payment Period of the loan modification workout package. We were hopeful as they gave us an affordable trial monthly mortgage amount and said that our new payment may be just as close to this amount after the trial payment period had been completed and approved.

Well, low and behold we were approved for the Loan Modification. But that was short lived as we looked thru the approved package. The actual loan modification is really a Catch-22 in disguise.
Here is what they did to get that AFFORDABLE target amount that they thought we needed to be in: