Understanding The New Loan Modification Program

Posted January 18, 2011 – 8:42 am in: Loans

The federal’s Making Home Affordable (MHA) program helps folks dealing with foreclosures. It has two main programs: the Home Affordable Refinance Program (HARP), designed to assist homeowners who are current on their mortgage payments but owe in excess of their homes are worth, and the Home Affordable Modification Program (HAMP), intended to scale back monthly mortgage payments so householders will still keep their homes.

  No Comments  |  Tags: , , , , , , ,

What You Should Do If You Can’t Pay Your Mortgage

Posted June 29, 2010 – 3:29 pm in: Mortgage

What if you can’t pay your mortgage?

  No Comments  |  Tags: , , , , , , ,

Solutions To Foreclosure

Posted June 21, 2010 – 2:01 pm in: Mortgage

Three universal options for foreclosure are loan reinstatement, a forbearance agreement, or a loan modification. Though there can be numerous other particular techniques to stop foreclosures, these three are utilized frequently.

  No Comments  |  Tags: , , , , , , , , ,