Tuesday, March 10, 2009

US Loan Modification Program

Mortgage Bailout Program News
Mortgage 'Cram-Down' Bankruptcy Bill Approved by US House
Bloomberg - USA
Under the House compromise, bankruptcy judges would have the discretion to decide whether banks had offered a "qualified" loan modification that would bar ...

Obama's Foreclosure Prevention Program
Washington Post - United States
The second part is the loan modification program, which after many other remedies can write your interest rate down as low as 2%...however you will exhaust ...

Meltdown 101: Will Obama's housing plan help me?
The Associated Press
A: That doesn't necessarily keep you from qualifying for the modification program. And borrowers in active litigation can modify their home loans without ...

Thousands in South Florida could be in line for home loan relief
MiamiHerald.com - Miami,FL,USA
The program lets lenders determine whether a subsidized loan modification would cost them less than foreclosing on a home. If it doesn't, ...

Housing-plan details reveal who gets mortgage relief
Arizona Republic - Phoenix,AZ,USA
Industry experts said the plan is likely to help certain people, but the experts also noted the loan-modification and refinancing program's limitations. ...

Program aimed at helping out homeowners
News-Leader.com - Springfield,MO,USA
The program will end in 2010. - Loan modifications. Lenders and other loan servicers can begin making modifications that could help up to 4 million at-risk ...

Tags: Mortgage Bailout Program

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