Any options for denied Wells customer in need of modification?

Okay, thanks to economy and job loss, underemployment and severely affected job market in the area, fallen delinquent on mortgage. Applied for HAMP, denied. Wells is holder. They said they'd look at in house options, they didn't. Instead they said they'd only look at Fannie options only since it's a Fannie investor mortgage (first anyway). Obtained recurring monthly cash supplement from family but Wells claims Fannie won't factor in as income and as a result, too bad, so sad, they won't offer us anything. What are my options? Balance on house $178k. Homes in area selling $90k-$130k. Tax value $154k. Double mortgage (90/10 with Wells) resulting in $200 second payment contributing to DTI ratio and that second has 12% APR. Already did calculators, would be able to afford payment on $178k mortgage w/escrow on 40 year term fixed at current rates. Any chance anyone would give it? Feel at the mercy of greed. (Only 2 mos delinquent)