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Mortgage mod test becomes clearer

By
Real Estate Broker/Owner BRE# 01353757

Despite efforts to the contrary, there still is a major gap between homeowners in danger of losing their homes and the resources available to help them avoid foreclosure. Many homeowners facing foreclosure don't know about federal and state programs aimed at helping them.  Here is an interesting article worth a few minutes of your time:

 

 

 

Yahoo Real Estate

Mortgage mod test becomes clearer
Mortgage borrowers who are turned down for loan modifications may now get additional information that could help them understand why they didn't qualify under the so-called "HAMP test."

 

 

 

Read the full story.

                       

 

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Broker, Agent, or/and MLS provider does not guarantee the accuracy of: 1- the reports, charts, articles, and also the information from links to other websites. 2- Square footage, lot size or other information regarding the conditions or features of properties provided by the seller or obtained from Public Records or other sources as presented in this website. Many articles may be time and date sensitive so please always look at the date posted. Consult your tax advisor, financial planner, attorney, or/and appropriate professionals concerning your personal specifics. Interested parties are advised to independently verify the accuracy.                                                            

                                                          Frank Moham  DRE LIC. #01353757

 

 

 

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