To all those people out there who's opinions are "too bad" or "they got what they deserved", I feel the need to defend myself and thousands of others that are in the same situation. I went through a diverse in 05' resulting in the loss of my home, on the plus side the market was up, so my half of the equity was enough for a down payment on a modest home. I've lived here since 91', had been on my job for six years, and had a nearly perfect credit rating. At that time a 2 bedroom apartment was going for about 1,100/mo. I was fully aware that homes where overpriced, but between all the advice, "don’t worry you can only make money” and “ why through away money every month when you can own for a couple hundred more a month", and myself, being a single parent, and making a living as a bartender, having the opportunity to to be able to own a home for my son and myself, felt it was the right decision. Like I said I was a single parent bartending for a living, but because of my excellent credit my lender was able to get me the loan, only later to find out that he lied about my income. I feel like the lenders are partially responsible for this situation. In my case, I should not been given the loan according to the income I provided, but my lender was considerate enough to fix that without my knowledge, nice. Anyway, after 2 1/2 years of mortgage payments, not a single one late, and being upside down, I wasn’t able to refinance as planned. Then after eight years at the same job, suddenly found myself unemployed. When I finally got a hold of my mortgage company, hoping they would be willing to work with me, I was told that I was declined for the mortgage freeze because my home had lost too much value,??!!, and as far as the mortgage modification, was declined because I was unemployed. Now, after four months, not being able to find a job, have ruined my credit by using it to try to keep up with my mortgage, I have no choice but to accept the fact that foreclosure is in my immediate future. I consider myself to be a very responsible person, I considered my decions carefully, and did what I thought was best. The housing situation is not the result of a bunch of irresponsible people making stupid decisions. For those of you that were smart enough, or lucky enough to avoid all this, congratulations, but I don’t think the rest of us deserve to be judged by you for only trying to be responsible, hard working people trying to make a better life for ourselves. Obviously many factors led to this, but I feel like a large part of the blame lies with the lenders and mortgage companies who irresponsible approved these mortgages, and should be held accountable.