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S.F. Bay Area LOAN MODIFICATION | The Process, the Tips, & the News

SF Bay Area LOAN MODIFICATION. May 23, 2009. HOPE for Homeowners – Revamped! 8212; Tags: government involvement. 8212; sfbassblog @ 1:55 am. HOPE was launched in October, but has had an embarassigly low usefulness rate. It was a voluntary program, and lenders for the most part were not going along with it, as they had little incentive. On Wednesday, congress passed a bill revamping the HOPE program, making it more enticing for lenders, and hopefully more useful for distressed homeowners. May 11, 2009.

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Everyone is well aware that the United States government has created several interesting programs to help homeowners who are facing foreclosure or those who have seen their home values drop well below the amount they are carrying on their mortgage. These programs are diverse in scope and include:. Balances must be less than $729,750 to qualify. The original mortgage must have originated prior to 1/1/09. All properties must be primary residences or owner-occupied.

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Enter your zip code:. See Rates and Lenders. The information contained in this website is for general information purposes only. Advertisers and participating companies are responsible for maintaining the accuracy of their own data. CALL 844.944.CHEAP.

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The Loan Modification Expert

The Loan Modification Expert. Tips on how to save your home, stop foreclosure and save money on mortgages. August 27, 2008. Congress is here to help. I am receiving phone calls every day about the new bill that passed to help the homeowner. Funny thing, seems this is not the first time the government has helped the consumer. I am sure Indy Mac, Freddie, Fannie and? 160;will support a bail out. Does the term Savings and Loan mean anything. I wish I could screw up a business and get paid for doing so.