Oakark, Sorry to hear about your situation.
Since you said you want to move, and you want to get out, one can surmise that you don't want to own this property anymore, is that correct?
If you're $200K underwater, are you saying your property is worth $200K less and/or that you owe a lot more (as some people ended up when they refinanced a few times and withdrew their equity)....? You said you're not behind the mortgage, How are you doing with regards to other financial obligations (credit cards, student loans, etc). Are you behind your payments on anything? Are there liens filed against your property?
If you're tried to modify your loan, but your lender said no, you may be a candidate to short sell your property. It's certainly an option worth exploring to preserve as much of your credit rating as possible.
To qualify for a short sale, the bank would want to know the reasons for your hardship which may be a number of things: loss of job, reduced income, relocation, drop in market value, death, divorce, increased expenses (as when interest rate re-sets), etc.
You can also see a credit counselor to see how you can better manage your finances.