Had a Option ARM loan from Aurora (originally with GMAC). Value of home dropped significantly from 2006 to 2011 and we accumulated a lot of phony interest due to negative amortization. Requested loan modification for a fixed rate from GMAC but they would not modify the loan - said we made too much money. Stopped making payments to get their attention. They immediately went into foreclosure and then SOLD the loan to Aurora. Started process over with Aurora. Aurora also said we made too much money and would not modify the loan - they would rather foreclose. To avoid as big of a hit on credit, we asked about short sale. They would rather accept $160K from a new buyer on a $210K loan rather than help us to keep the home. These mortgage companies are not interested in helping homeowners. They would rather take a loss on a loan than to help a homeowner. They will get a lump payment to make up the difference, presumably from the government. These mortgage companies took bailouts from the government and are not helping homeowners.