Help and Advice on my actual house financials. Need Suggestions!

[Brian Nalley]

So, will try to make this short. A while ago, between a divorce and then a jobless, I fell way behind on my HSBC mortgage. When I did get a new job, I tried many times to work out something with Beneficial/HSBC, but never got anywhere. I sent them a lot of "good faith" payments to be elilgable for loan mod reviews, but never got one, and all the money  I sent seemed to go to things other than the actual mortgage payment. Recently, I gave up, and decided to just try and give it back, or let them take it (my credit is pretty wrecked anyway from being late for 2 years). Then, at the last minute, they sold my mortgage! Caliber Home Loans now owns it (well, services it, some weird investment group owns it). Anyway, I started all over, trying to get a loan mod. After months of waiting, they finally approved one. Per their new appraisal, townhouse is worth $190k in good condition. My loan is $220k, plus $76,000 in unpaid interest and lots of other crap. They will defer that, and give me about $225 off a month for 5 years. Then, at some point, I have to pay that deferred amount. Basically, that puts the house at about $100k more than it is worth. I do not see how I would ever be able to pay this off, or refi, or sell in this situation. 

Any thoughts, ideas, or suggestions would be VERY welcome. I am just south of Baltimore, in Elkridge, MD.

Thanks!