I submitted information to modify my loan as soon as i couldn't afford my payments in august of 2008. In January I was told my investor didn't offer me that possibility and all I could do was short sale my property.
I found a buyer and then Indymac declined the sales price and wanted 50k more from the buyer, so I lost my buyer and back to square one. I asked them if I can modify my loan since I got back to work and had some income now. This was also declined. Then in April I was approached by another buyer and sent up a shortsale packet to Indymac.
It was almost approved and Indymac's employee sent an email that she was getting terminated and couldn't help any further. A week later my paperwork went missing per Indymac and I was told to start whole process over. After this frustrating situation they went full steam ahead on my foreclosure and refused to offer anything but a hefty down payment to stop it. I tried to make payments to them as soon as my income came back and they refused it.
Don't let them fool you!!!! They aren't willing to help.