The Mortgage Forgiveness Debt Relief Act is set to expire at the end of 2012. This act protects homeowners who sell their home through a short sale protection again an IRS 1099 claim from their mortgage company. Learn how to protect yourself.
The Federal Trade Commission has enacted the Mortgage Assistance Relief Services Rule that regulates how foreclosure relief companies, and even real estate agents who advertise for short sales must conduct their advertising among other things. Make sure you protected.
Summary of KnowYourOptions.com an educational homeowner and consumer resource by Fannie Mae for homeowners to learn about options to leaving their home in the face of foreclosure.
Knowing what to do if you miss a mortgage payment or may miss a payment to your mortgage lender is critical to saving your home from foreclosure and keeping your credit in tact. Call you lender and get professional help are two of your first steps to take if you have fallen behind or you are faced with maybe falling behind on your mortgage.
Eligibility Summary of the federal Home Affordable Mortgage Program called HAMP. HAMP is designed to help homeowners stop foreclosure through a loan modification.
Knowing the loan modification process and loan modification requirements is essential to a successful mortgage loan modification. Learn loan modification and requirements before you start a loan modification request and process.
Learn the most important terms about loan modifications. Educational information about getting a loan modification on your home mortgage. Learn first, then get a home loan modification.
Mortgage Servicing Companies and Mortgage Companies step up Making Home Affordable Loan Modification and Refinance Programs in response to President Obama’s American Recovery and Reinvestment Act of 2009.