Home Loan Modification – Private Mortgage Insurance question?

I have a mortgage with BOFA. Due to circumstances beyond my control called (job loss), I through a loan modification. I am not eligible for refinancing, like I’m underwater on the mortgage. I was told I am not entitled to change, because my mortgage, the lender paid PMI. What surprised me … Now I know that if you have PMI, you can not benefit from a change, but I never paid PMI is a lender. I researched my loan documents, and I see no reference. Is this a real possible? someone lend me their wisdom? Thank you!

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