This bailout plan will give a bulk of the $75 billion to mortgage lenders and banks, like Chase, who approve homeowners who are “at risk” of losing their home, or are facing other financial hardships.
One of the most asked questions for every home owner in the year of 2009 will be, “where are mortgage rates headed?” Obviously, no one can be 100% confident in making this prediction, but if we look at the recent events in the United States economy, we can at least make an educated guess. Many [...]
With unemployment on the rise, homeowners who have lost their jobs are wondering whether their lender with approve a loan modification while unemployed. The truth is, most lenders have difficulty accepting loan modification applications from unemployed homeowners. Even more so if that homeowner has been unemployed for an extended period of time. If you’re unemployed [...]
Sticks asked: Just curious what a few people paid for their loan modification and what kind of a deal you got. I want to make sure that this isn’t just the next wave of shady mortgage lenders. Sally, I disagree. Yes you can do it yourself, but you can also have a professional lawyer do [...]