My 2nd mortgage (equity line of credit) was sold to Loan Care by GMAC in Nov. 2010. I put my home on the market in October as a short sale and had a buyer the first day. My 1st mortgage company Citimortgage immediately approved my short sale and offered to pay LoanCare $3, 000 to release the loan so the sale could go through. After 2 months of silly requests from Loan Care for documents already sumbitted mulitple times, they denied the short sale. I was in direct contact with the negotiator for Loan Care and offered on top of the $3, 000 from CitiMortgage, to pay $3, 000 more to bring my account balance current and make all back payments so they would release the lien. They flat out refused my reason for hardship and are forcing me to foreclose. I am now in talks with a bankcruptcy attorney and will most likely file Chapter 13. Loan Care will now receive no money from CitiMortgage or myself and the house will sit vacant FOR NO REASON. What is so frustrating is that a sweet newly married local school teacher wanted to buy our house and now it will sit vacant for God knows how long. DO NOT USE LOAN CARE!!!