Wednesday, March 11, 2009

More on the Home Loan Modification Plan

Real Estate Home Mortgage Modification Plan
What is the state of real estate in the US?


How Obama mortgage modification plan might help
Previous loan modification programs lowered payments only briefly and minimally. Eight months after modification, 58 percent of loans were delinquent again, ...

Housing proposal: Clarifying the issue
Also, there will be minimum qualifying guidelines for both the refinancing and the loan modification programs. If your income has dropped so severely that ...

Loan changes may not hurt your credit
With a loan modification, the credit-scoring impact will depend on how lenders report activity to the bureaus, and that could vary, said Barry Paperno, ...
Mortgage makeover promised
The stated goal of the loan modification program is to bring mortgage payments into a more affordable range. Lenders will be expected to cooperate by some ...
Vastly different circumstances leave these 2 families far ...
Only conforming loans held or insured by Fannie Mae and Freddie Mac qualify for the refinances. So he's pinning his hopes on a loan modification. ...
Obama Housing Plan: What You Need to Know
New York Times - United States
The modification will not take place until you sign an affidavit promising you'll get counseling. The program applies to loans taken out before Jan. ...
Obama administration is urged to expand mortgage rescue
As a final step, lenders and loan investors could actually forgive a portion of the debt. Mayer and Lieu praised the modification program, although the ...
In the Region | Westchester Help for Owners Near the Edge
New York Times - United States
In the private sector, a number of loan modification companies have set up shop since the foreclosure crisis began, but Gary S. Brown, Westchester's ...

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