underexposedineldoradohills

June 13, 2009

Loan Modification: Is there a light at the end of the tunnel?

Filed under: Short Sale INfo — Tags: — underexposedineldoradohills @ 2:42 am

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:

www.makinghomeaffordable.gov

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

No Comments Yet »

No comments yet.

RSS feed for comments on this post. TrackBack URI

Leave a comment

Blog at WordPress.com.