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Loan modifications | Colorado Springs Team Real Estate Blog

4 hours ago ago from Colorado Springs Team Real Estate Blog | Area Home Updates

New home loan modification rules coming If you want to get a modification to prevent foreclosure, soon you will have to supply financial documents upfront including paycheck stubs and an income tax form. The new loan modification requirement is the latest update in the Obama plan to reduce home foreclosure. HAMP the Home Affordable Modification Program is designed to help homeowners who can no longer make their mortgage payments. ...

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Citigroup Loan Modification - Homeowner Unemployment Assist Program

20 hours ago ago from Real Estate Articles

In these tough times it is surely no secret that there are many homeowners who are desperate to get on a Citigroup loan modification to prevent losing their homes. However, there is a way to get a $500 reduction for a lower house payment that will take the pressure off the monthly payment and let you stay in your home. This is a real option provided by the lender to borrowers who qualify for the program. The Homeowner Unemployment Assist ...

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The Truth About Loan Modifications

17 hours ago ago from Winning Home Buying Solutions Community» Short Sales | Short Sale Education | Short Sale Success at WHBS

By Art Lee WHB Solutions, Certified Distressed Property Expert & Short Sales Education There has been a lot of reports from the media that talk about the droves of scam artists that are taking advantage of homeowners in today's ailing real estate market. This article is to shed some light on loan modifications and if in fact they can help you or your client with your current situation. Typically, many homeowners that are in need of a ...

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18 hours ago ago from Edwardshowell's blog

You Think the Government will Save Your Home? Read this article and understand how truly important it is to have an attorney battling on your side: Is Foreclosure Relief Failing? By Andy Kroll | Wed October 14, 20093:00 AM PST Is the Obama administration's signature foreclosure relief program succeeding? Absolutely, according to Treasury Secretary Timothy Geithner, who last Thursday trumpeted the news that 500,000 mortgages had been ...

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New Rule affects Homeowners in Foreclosure Avoidance Program

5 hours ago ago from La Canada Flintrdige Real Estate

The U.S. Dept. of the Treasury and the Dept. of Housing and Urban Development (HUD) recently announced changes to its Home Affordable Modification Program (HAMP). The changes, designed to help improve the conversion from trial loan modifications to permanent modifications, take effect June 1. Mortgage servicers may elect to implement the changes sooner. KEEP THIS IN MIND Under previous guidelines, homeowners were not ...

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Bill Scher: Tell The Senate: Stand With Students. Not Sarah Palin's Big Bank Buddies.

10 hours ago ago from Huffington Post

Click here to the tell the Senate: end the $80 billion subsidy to the big banks and pass student loan reform. Right now, we taxpayers give big banks billions to subsidize their student loans. Giving big banks money is decidedly unpopular after the TARP bailout, among liberals and conservatives. So you'd think there would be consensus to end the subsidies. Apparently not. After the House passed President Obama's proposal to end the ...

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