Is t Modificationhere a light at the end of the tunnel?
Feedback indicates that the Federal Making Home Affordable program is having an impact. Unlike the Hope for Homeowners program that was stifled by eligibility requirements and received less than 100 applications nation wide, the Treasury Department reports that over 120,000 homeowners have actually completed loan modifications with the Making Home affordable program.
It is good to hear that a Federal program is actually working. Not just another marketing scam so prevalent in the market place today!
For the complete RISMEDIA story select this link:
http://rismedia.com/2009-06-11/federal-homeowner-program-may-be-making-a-dent-in-foreclosures/
Here is the link directly to the Making Home Affordable program:
As always, let me know if I can be of any assistance in helping you with a distressed property situation. I will be pleased to help.
Mike West
Realtor, Sr. Loan Consultant, e-PRO, Certified Distressed Property Expert
(916) 337-0658