Community
Members options
Do any of the following
sound familiar?
Do you have either mortgage or secured loan arrears, and consequently worried about the repossession of your home?
Has your current mortgage or secured loan provider threatened repossession because you have been unable to pay off arrears?
Has your mortgage or secured loan provider commenced court proceedings regarding the repossession of your home?
Has court action been taken against you, and your home being repossessed with an eviction date being set?
As of May11,2010. The President's a new Homeowners Affordability and Stability Program (H.A.S.P.) is working!!
It requires mortgage companies, when doing a loan modification on an Adjustable Rate Mortgage (ARM), to bring the ARM back to to a Fixed Rate at prevailing interest. Prevailing interest is between 2.16% & 5.20%.
Home Retention Departments had been unmanned due to the massive bank layoffs in 2008 and early 2009. The banks now have re-manned their Home Retention Departments,which is a key factor for the ultimate success of a Loan Modification
This Program will make a dramatic difference in your mortgage payments.
This Program will make a dramatic difference in your mortgage payments.
