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loan modifications: Homeowner Affordability And Stability Plan----Loan Modifications----Stability Parts 2(B&C) - 02/27/09 10:31 PM
The details of the President’s Homeowner Affordability and Stability Plan are to be announced on March 4th. I have been reviewing the executive summary and fact sheet for the plan which is posted on the White House web site. Click here for your reading enjoyment.
 
Under the stability section components 2 (B&C) read as follows
2(B) Clear and Consistent Guidelines for Loan Modification
2(C) Requiring All Financial Stability Plan Recipients to Use Guidance for Loan Modifications
 
Clear and Consistent Guidelines for Loan Modifications
 
The premise for this component is that mortgage servicers, in some cases, have not … (6 comments)

loan modifications: Reaching Up To 4 Million At-Risk Homeowners—Housing Affordability And Stability Plan—Part 2 (A) - 02/22/09 11:18 PM
Reviewing the Housing Affordability and Stability Plan I intend to dig a little deeper in the leg directed toward stability. This initiative creates $75 billion to reach up to 3 to 4 million at-risk homeowners. Oh my!!!
 
I wrote about the affordability section earlier and you can view that post by clicking here. I also have written an overview of the stability component. You can view the entire plan by going to the White House web site.
 
Section A of the stability component is an initiative to reach up to 3 to 4 million at-risk homeowners. This is being … (10 comments)

 

Jay Williams, Mortgage Loan Officer Getting You The Right Loan

Greenville, NC

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Greenville, NC

Address: 218 E. Arlington Blvd, Greenville, NC, 27858

Office Phone: (252) 493-4802

Cell Phone: (910) 527-1809

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