1) Home Affordable Refinancing. See if you are eligible. Go to this official government website created by the White House. It is completely free.
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2) Home Affordable Modification. See if you are eligible. Go to this official government website created by the White House. It is completely free.
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Financial Stability Plan
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The Obama Administration has introduced a comprehensive Financial Stability Plan to address the key problems at the heart of the current crisis and get our economy back on track. A critical piece of that effort is Making Home Affordable, a plan to stabilize our housing market and help up to 7 to 9 million Americans reduce their monthly mortgage payments to more affordable levels.
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Home Affordable Refinance / Modification Programs
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The Home Affordable Refinance Program gives up to 4 to 5 million homeowners with loans owned or guaranteed by Fannie Mae or Freddie Mac an opportunity to refinance into more affordable monthly payments. The Home Affordable Modification Program commits $75 billion to keep up to 3 to 4 million Americans in their homes by preventing avoidable foreclosures.
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Beware of foreclosure scams. Help is free.
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The Obama Administration has launched a coordinated effort across federal and state government and the private sector to target mortgage loan modification fraud and foreclosure rescue scams that threaten to hurt American homeowners and prevent them from getting the help they need during these challenging times. .
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More help:
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Also read this report on action being taken to protect you by San Francisco District Attorney Kamala Harris: Kamala Harris, San Francisco District Attorney, issues urgent warning: Don't be fooled by mortgage hucksters and con men!"
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If the eligibility links at the top of this report do not work for you, here is the URL address for the new government mortgage help website: http://makinghomeaffordable.gov/index.html
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You can reach the White House and President Obama at: http://www.whitehouse.gov/.
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Remember: the White House is a "dot gov" URL address.
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1 comments:
Hi,
We have just added your latest post "Sam Spade's San Francisco: Making Home Affordable: new free federal government help with mortgage refinance & modificati" to our
Directory of Foreclosure . You can check the inclusion of the
post here . We are delighted to invite
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