Welcome! My goal is to do my very best to understand your situation and to provide a full and complete answer for you.

Good afternoon. Unfortunately, you do have to pay the rent. Actually there are two
contractual relationships involved here...the tenant's with the landlord and
the landlord's with the lender. One does not affect the others. The tenant's
contract with the landlord is for the tenant to pay the rent in exchange for
occupancy. As long as the tenant retains occupancy, the tenant is obligated to
pay the rent. Whether or not the landlord uses the rent to pay the mortgage is
not relevant to the tenant's contract with the landlord, but only affects the
landlord's contractual relationship with the lender. The tenant's tenancy is not terminated by a
foreclosure. The "Protecting Tenants at Foreclosure Act of 2009"
provides that bona fide leases survive a foreclosure -- meaning the tenant can
stay at least until the end of the lease, and that month-to-month tenants are
entitled to 90 days' notice before having to move out. An exception was carved
out for the buyer who intends to live on the property -- this buyer may
terminate a lease with 90 days' notice.

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to be of service to you. Please be aware that the information provided here is
not legal advice. Rather it is simply general information. All states have intricacies in their laws
and any information given is simply information only and specifically is not
intended to be, nor does it constitute, legal advice. This communication does
not establish an attorney-client relationship with you. I hope this answer has been helpful to you.

No... a "modification" is an attempt to restructure the loan to avoid foreclosure. Neither a modification or a foreclosure will terminate your tenancy and they will not have the right to evict you unless you don't pay the rent.