Terry and Marilyn Wallace of Antioch pinned their hopes to save their home on the federal government’s Making Home Affordable Program. Now, they wish they hadn’t.
“It’s a farce,” said Terry Wallace, who spent more than a year faxing documents to his bank, hoping to get approval for a loan modification. The couple said the bank finally told them in April they didn’t qualify because they hadn’t submitted all their documents.
“The whole thing was nothing but a farce,” Wallace said.
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