Archive for the 'Help for Homeowners' Category
She baked her way out of foreclosure - Follow up story
Angela Logan and her “Mortgage Apple Cakes” that helped save her home.
July 28: TODAY’s Ann Curry talks to Angela Logan about how her cake, known as the “Mortgage Apple Cake,” helped her keep her home. Click here to watch the video.
Angela Logan was in imminent danger of losing this home before her Mortgage […]
Freddie Mac Offers Help to Handle Demand
Freddie Mac Launches Effort to Help Servicers Handle Record Demand for Home Affordable Modifications
As part of its support for President Obama’s Making Home Affordable program, Freddie Mac announced an agreement with Home Retention Services, Inc., a wholly owned subsidiary of Stewart Lender Services, Inc., to help several regional servicers process thousands of additional applications for Home […]
Top Five Myths About Loan Modification
DETROIT–(BUSINESS WIRE)– Ralph R. Roberts, consumer advocate and spokesperson for Federal Loan Modification Law Center, today released a list dispelling the top five myths about loan modification. Intended to better educate homeowners facing the prospect of losing their home in foreclosure, the following list demystifies the most common misconceptions surrounding the loan modification process.
MYTH #1: […]
2009 First-Time Home Buyer Tax Credit
Bringing the Dream of Homeownership Within Reach
As part of its plan to stimulate the U.S. housing market and address the economic challenges facing our nation, Congress has passed legislation that grants a tax credit of up to $8,000 to first-time home buyers.
Here is more information about how the 2009 First-Time Home Buyer Tax Credit can […]
Washington Report: Home Affordable Refinance Program
The Obama administration’s latest expansion of its “home affordable” refinance program, outlined just before the July 4 holiday, could be huge news for tens of thousands of owners whose houses are seriously “underwater,” or where they’re worth a lot less than the mortgage balance owed on them.
Under the new rules, even where borrowers have negative […]
Have a Real Estate question? Just Ask…
Press the Ask! button and enter your question.
Try it…it’s fun!
Loan Modifications
Everyone has heard of Loan Modifications. The good…the bad…and the ugly.
But what are they… exactly? And how can you benefit from them?
Check out the FAQs from the US Dept of Housing and Urban Development (aka…HUD).
Home Remodeling Shows Signs of Recovery
Future Looks Bright.
The first bright spot for the home remodeling industry comes from the first quarter 2009 report, which shows an increase of five percent… The second bright spot for the home remodeling industry is that the cost to remodel is now 20 percent less…according to Peter L. Mosca.
Read more
Obama Administration to Launch National Outreach Campaign
Obama Administration to Launch National Outreach Campaign
in Support of Making Home Affordable Program
The campaign will engage local housing counseling agencies, community organizations, elected officials and other trusted advisors in the target markets to build public awareness of Making Home Affordable…. Read more.
Obama's Help for Homeowners
Help for Homeowners - Obama’s Homeowner Affordability and Stability Plan will help bring relief to homeowners and bring some order to the housing market, according to The White House Blog Post (02/18/09). Click the link below for more information and FAQs.
http://www.whitehouse.gov/blog/09/02/18/help-for-homeowners/
