The CAR recently published a compendium of workout programs available from certain major lendors as well as the federal assistance for modifications and refinancing. See the attached table (WORD compatible document)
Tags » ‘Refinancing’
The California Association of Realtors (CAR) Publishes Summary of Mortgage Workout Programs
March 31st, 2009 by Phil LevyMaking Home Affordable
March 30th, 2009 by Phil LevyHow can you find out if you qualify for President Obama’s recently announced Homeowner Affordability and Stability Plan? (see our blog of February 22, 2009).
The federal government recently established a comprehensive website designed to help borrowers determine their eligibility for either the refinance or the mortgage modification elements of the plan.
The website is www.makinghomeaffordable.gov. It contains a wealth of resources, questionnaires and resources pertaining to refinancing and mortgage modifications. Anyone who is struggling with mortgage issues should visit this website.