Tag Archives: Mortgage Assistance
The Federal Government Has Announced A Mortgage Relief Program
As the domestic economy continues to falter and foreclosure remain high the government has announced a massive mortgage relief program. Government programs that have been enacted in the past year have failed to aid the vast majority of homeowners. This year analysts predict that the number of foreclosures could potentially double. A continued prolonged slide [...]
Mortgage Assumption Can Allow Struggling Mortgage Holders Prevent Foreclosure
Experiencing foreclosure or defaulting on a mortgage loan can be a scary situation and can have a negative impact on homeowners credit scores. Short sales, assumption, and deed in lieu of foreclosure are all programs that force mortgage holders to lose their homes but without the financial and credit consequences of foreclosure.