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fha secure: Mortgage "Plan" all smoke and mirrors - 02/19/09 08:07 AM
I Listen yesterday to Mr. Obama's little speech laying our his "plan" for the housing mess and kept
wondering were the little old lady from the Wendy's ads in the 80's  "wheres the beef"  
After all, HOW are "WE" going to do this?  A little while back when the "sub prime"market was imploding we received this wonderful program called "FHA Secure".  This program was to help save homeowners just when the mess was starting with the ARMS adjusting all over the place and house payments going up hundreds of dollars in some places.  So what happened?  The banks didn't … (5 comments)

fha secure: Thinking about walking away from your home - 04/01/08 03:30 PM
 Don't do it until you have talked to your lender and your mortgage professional!!!
There are alternatives out there.  Is it just your house payment that you are having trouble making?  Where you on an ARM and it reset.  Relax there is the FHA Secure program to help you refinance into a better more affordable home.  As long as you kept you other payments up and current this program just might be helpful to you and save your home.  Up to 6 months of missed house payments and back taxes and be rolled into this loan.
Loan Modification.  Trust me the lenders don't … (6 comments)

fha secure: FHA Secure Initiative------- Much Ado about NADA??? - 11/20/07 11:48 AM
  I just finished my first "training" on the new FHA Secure program.  You know the one that is designed to bail out all the adjusting ARMs. The program is set up to help those that have fallen behind because their ARM has reset.  But what about the person that has not fallen behind on the house payment, but all their other payments are now behind because of the new higher house payment?  Are they left behind, because they made sure to make the house payment and couldn't pay JC Penny?  Depending on how long the borrower waits they will probably … (3 comments)

 

Joe Adams

Montrose, CO

More about me…

Major Mortgage USA/Branch Manager

Address: 1521 Oxbow Dr #125, Montrose, co, 81401

Office Phone: (970) 252-1700

Cell Phone: (970) 209-9802

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