President Obama’s administration’s $75 billion lower my mortgage payment plan to refinance and modify millions of mortgages, announced back in March, is a portion of the much larger Tarp II plan. If you are a homeowner in trouble of losing your home to foreclosure, or a homeowner that has not mis
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07/15/2009
A loan modification is a permanent change in one or more of the terms of a homeowner's mortgage that allows the mortgage to be modified with new terms, and results in a payment the homeowner can afford. It is not a refinance and does not require a certain fair isaac score as they are not taken in
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07/09/2009
The stop california foreclosure Prevention Act, signed by Gov. Schwarzenegger, adds 90 days onto the time period between when homeowners defaulting on a loan and when their home can be repossessed in foreclosure. Banks can avoid the 90-day holdup by having a comprehensive program in place to make
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07/06/2009