The Latest Mortgage Modification Assistance News…

Fannie Mae and Freddie Mac are instituting two new programs to help struggling homeowners with their quest to get modifications. Freddie Mac claims to have helped 250,000 homeowners with loan modifications to date, so the time is better than ever to … [Read more...]

Deed For Lease Program To Help Struggling Homeowners

The newest program in the Federal arsenal to help homeowners who are facing foreclosure is called the Deed for Lease program. Created by Fannie Mae, this program will allow homeowners to essentially become tenants in their homes for 12 month periods … [Read more...]

How the Homeowner Affordability and Stability Plan Can Help You

As  you likely know, the Obama administration has instituted a new plan to help homeowners facing foreclosure-the Homeowner Affordability and Stability Plan. The good news is that the plan actually reaches beyond merely helping those who are behind … [Read more...]

Promising New Mortgage Workout Plan in the Works

Hot off the wires: there is a bill pending that would help people facing foreclosures in their ability to work out  new mortgages. It would allow judges to authorize loan terms for primary residences after the owners have declared bankruptcy. This … [Read more...]

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