Pretty good day despite some interesting news.

FORECLOSURE is a huge word that everyone has heard of but no one knows what it really means. I've finally been informed of some new news that isn't necessarily good, but at least we finally know the truth. We were lead to believe that after the auction at the courthouse that we'd have 90 days to still sell the house and not have the Foreclosure show up on our credit...WRONG! It most likely has already shown up on our credit. We were also never told that there was a deadline to when we'd have to submit the application to do a Deed in Lieu instead of having it go to Foreclosure. We submitted that application too late and Fannie Mae had denied the request for deed in lieu. So now the 90 days they told us about is a Wyoming Law and is for IF we had a 2nd mortgage that would let us refinance, or if we wanted to come current with the mortgage it was to give us the time to do that. For a boat load of reasons those options aren't possible and so now I'm hoping that this 90 days doesn't mean that we'll have 3 more months of late payments on top of the Foreclosure. Man I hate that word. On top of all of this our mortgage company First Interstate Bank never notified us that the Short Sale was approved. Once the short sale is approved that is the start of the short sale. They only allow the short sale to go on for 90 days. Then they never notified us that the short sale was over and since we had stopped paying we were already in the foreclosure process. I'm going to call Fannie Mae tomorrow to see what they have to say and see if they can help me, because I would like to make sure we don't also have to have another 3 months of late fees on top of the Foreclosure.