Instead of the current 4-month cut-off, a new forbearance extension program gives unemployed homeowners 12 months before foreclosure.
Entries Tagged as 'unemployed'
New Law Gives Unemployed Homeowners 12 Months Before Foreclosure
July 8th, 2011 · 5 Comments · Mortgages
Tags: Federal Housing Administration·forbearance·foreclosure·homeowners·Mortgage·unemployed
Government Mortgage Assistance Plan Announced
March 26th, 2010 · No Comments · Mortgages
On the heels of Bank of America’s pledge to forgive mortgage principal for people with adjustable rate mortgages, the government has announced a more comprehensive plan to help many American who are struggling with their mortgage payments. I have to say that the Making Homes Affordable Program HAMP was a complete failure. Only 170,000 homeowners [...]
Tags: FHA·homeowners·HUD·Making Homes Affordable Program·mortgage assistance·mortgage qualification·Mortgages·refinance·second mortgages·unemployed
Lost Your Job? Here’s Your Plan of Attack
November 18th, 2008 · No Comments · Career
Having been a corporate slave for a good portion of my life, I am all too aware of the complacent, comfortable feeling that traditionally comes with long-term employment. The daily routine is built in for most Americans, who, on average, spend 70% of their Monday-Friday waking hours on work-related activities. But it seems, with recent [...]
Tags: finding new employment·job loss·Laid off·look for new job·lost job·networking·unemployed·Unemployment
