Real estate blog entries tagged with lake stevens wa foreclosures by Jeff Rainwater, Lake Stevens, WA Real Estate (RSVP Real Estate. ~ Bellevue, WA ~ 425-238-4247)

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Home : Blogs : Jeff Rainwater, Lake Stevens, WA Real Estate : Lake Stevens & Snohomish County Real Estate : Tag "lake stevens wa foreclosures"

lake stevens wa foreclosures: Obama throws a lifejacket to underwater homeowners - 09/07/10 04:05 PM

Obama throws a lifejacket to underwater homeowners

It sounds like white house is trying to at least make another attempt to help the current foreclosure crisis. As of today, appairently, the Obama administration is launching an plan of attack to help the over 1.5 million homeowners who are under water down on their mortgages.

Under this new plan, if the lender agrees to forgive at least 10% of the original mortgage amount, the Federal Housing Administration will allow lenders to give these owners refinanced loans.
It would be an understatement to say that previous efforts to help fix our … (3 comments)

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Jeff Rainwater, Lake Stevens, WA Real Estate

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RSVP Real Estate. ~ Bellevue, WA ~ 425-238-4247

Address: 2018 156th Ave NE, Bellevue, WA, 98007

Office Phone: (425) 242-5150

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