hafa: HARP 2.0
- 11/04/11 06:55 PM
I have to be honest, I'm not a fan of Loan Modifications and I'm hoping that if this program is a true refinance program and not a Loan Modification, that it actually works. I realize the information for this program is rolling out and not available until November 15th, but I still have my concerns...the success rate for loan mods right now is somewhere in the 3-5% range. At any rate, Shaun Donovan, HUD Secretary, has a 4 minute YouTube video that has some pretty decent information and I thought I'd share it with you all...but I am curious, what are … (2 comments)
I have to be honest, I'm not a fan of Loan Modifications and I'm hoping that if this program is a true refinance program and not a Loan Modification, that it actually works. I realize the information for this program is rolling out and not available until November 15th, but I still have my concerns...the success rate for loan mods right now is somewhere in the 3-5% range.
;)
;)
