To all the nay sayers who say the new government programs for mortgage loan modifications are useless, I have a success story! A friend just did a successful mortgae loan modification. Her lender had been Countrywide (now Bank of America).
She had not made a payment since September 2008 and had moved out [...]
Entries Tagged as 'Making Homes Affordable'
Mortgage Loan Modifications Are Happening!
June 17th, 2009 · 2 Comments · Mortgages, Real Estate
Tags: 1040s·Countrywide·Hope Now·loan modification·loan restructuring·Making Homes Affordable·Minimum Payments·Tax returns·W-2s
Restructuring Mortgage Programs For Underwater, Subprime and Jumbo Loans
May 28th, 2009 · No Comments · Mortgages
The “Making Homes Affordable” Program introduced by the Obama administration is not limited to Fannie and Freddie Mac loans, also known as conventional or conforming loans . There are actually two sets of loan programs under the Making Homes Affordable (MHA) program. One program is called Home Affordable Refinance, and is for conforming [...]
Tags: conforming·Fannie Mae·Freddie Mac·loan restructuring·Loans·Making Homes Affordable·Mortgage·Refinancing
