Today the Huffington Post came out with a great article to encourage Americans to take action - non partisan, populist action - and put their money into small community banks and get it out of the Too Big To Fail Bailed Out Bully Banks -
Read the article here: Move Your Money - A New Years [...]
US Treasury Announcement of May 14, 2009 Details of MHA program update on Short Sales and Deeds in Lieu. Find the full text of the update at US Treasury Press Page
Foreclosure Alternatives and Home Price Decline Protection Incentives
1. Foreclosure Alternatives for Borrowers Eligible for MHA but Unable to Sustain a Modification: For eligible borrowers unable to retain their homes through a Home Affordable Modification, MHA will provide incentives to borrowers, servicers and investors to encourage short sales and deeds-in-lieu. Both allow families and servicers to avoid the costly foreclosure process, and to minimize the negative impact of foreclosures on borrowers, financial institutions and communities.
Continue reading about Treasury Announces New Foreclosure Alternatives Update to MHA Program
“The Homeowner’s HOPE™ Hotline is not new. It’s the same hotline that was available last year as part of President Bush’s Help-4-Homeowners program, which everyone now seems to agree was a spectacular waste of time and resources. Roughly seven months into the program, and HUD reported that just one mortgage had been modified, [...]
Continue reading about Have You Called the Homeowner’s HOPE™ Hotline?
