Helping Families Save Their Homes Act of 2009

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Services for Real Estate Pros - Rent-to-Own, Real Estate Coach, Credit Restoration
Underwater real estate market may be modified or “crammed down”. This new legislation will allow Bankruptcy Judges the discretion to modify the mortgage principal balances on primary residences.
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The United States is on the verge of witnessing the largest bankruptcy filings in recorded history. One of the reasons is due to the new Mortgage Restructuring Bill (now named The Helping Families Save Their Homes Act of 2009) passed by the House of Representatives on Thursday, March 5, 2009 with...
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2 Comments
They told us everything was going to be OK. They told us the finance industry was still healthy. And they told us that the equity markets were just fine and dandy... that our 401Ks were safe... and that we shouldn't be worried about keeping our money in the banks. At best, they were stupid. At wo...
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Rita and Ferris Browner

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Underwater real estate market may be modified or “crammed down”. This new legislation will allow Bankruptcy Judges the discretion to modify the mortgage principal balances on primary residences.