This just came out today, USA TODAY, new guidelines for loan modifications. Click on the link below or copy and paste it in your web browser for more info.
http://www.usatoday.com/money/economy/housing/2009-03-04-housing-rescue-plan_N.htm
The Obama administration on Wednesday outlined key details of a $75 billion housing rescue plan expected to help as many as 9 million homeowners rework mortgages into more affordable monthly payments.
The plan was announced Feb. 18. Wednesday’s details show who would qualify and how the help would be provided to homeowners who want to refinance mortgages or who are unable to afford their current payments.
Have a Great Day!
Charles Butler
MCS
