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By Sanjay Bhatt of the Seattle Times – When he tried to change the terms of his home loan, Michael Guzman was rejected because the bank didn’t consider his joblessness a long-term hardship.
Kamie Kahlo’s bank offered her a modified mortgage on her Queen Anne home but later told her the lower payments weren’t permanent.
And Leslie Oldham was stunned her bank moved to foreclose on her Kent home before it gave her a decision on a loan modification.
“I tried everything I could to work it out with the bank,” said Oldham, 58, “because the last thing I wanted to do was file a bankruptcy.”
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