Articles About Mortage Modifications

Author:
Tom Silva
Posted:
04.05.2010

Obama Administration Rolls Out New Program to Help Underwater Homeowners

The Obama administration has announced a new initiative to assist troubled homeowners by helping them refinance with government-backed mortgages that cut monthly payments.  The program would also temporarily reduce payments for unemployed borrowers who are actively job hunting.  The government is encouraging lenders to write down the value of loans for borrowers participating in modification […]

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