The Homeowner Affordability and Stability Plan applies to primary residences with conforming loan limits. This is a brief summary of the plan with some limitations specific to San Diego…
Articles Tagged ‘foreclosure relief’
Another Foreclosure Moratorium
Citigroup , JPMorgan Chase, Bank of America, Morgan Stanley, and Wells Fargo have all agreed to suspend foreclosures for approximately three weeks while the Obama administration finalizes a plan to modify mortgages…
New Loan Modification Program:
Chase, WaMu and EMC Mortgages
New loan modification programs for Chase, Washington Mutual (WaMu), and EMC Mortgage were announced on 10/31/2008. A 90 day foreclosure moratorium for owner-occupied properties is in place until the program plan is implemented.
Countrywide Loan Modification and Foreclosure Relief
Thanks to legal action, there is an 8.4 billion dollar loan modification and foreclosure relief program from Countrywide. If your first loan payment was between Jan. 1, 2004, and Dec. 31, 2007, you may be eligible…