~~There is not allot of info on this that I can find yet. I believe it is better explained on http://www.whitehouse.gov but have not had time to to read it. I would wait a few more weeks and speak with your loan company. It is so new, no one seems to have clear cut info on it yet in the lending industry. However he has said, for people who are suffering to keep their homes from the economy will be able to do so. This gives me hope for all of us in the similar situation as yours!~~
The National Consumer Law Center (a nonprofit organization of long standing) has posted a web page containing information on all currently available mortgage modification plans. It is here:
4 Responses to I think I am eligible for Obama’s loan modification because my mortgage is 45% of my income. ?
Dr.Zabed
May 29th, 2010 at 11:34 pm
yeah ..
you are…
debijs
May 29th, 2010 at 11:48 pm
~~There is not allot of info on this that I can find yet. I believe it is better explained on http://www.whitehouse.gov but have not had time to to read it. I would wait a few more weeks and speak with your loan company. It is so new, no one seems to have clear cut info on it yet in the lending industry. However he has said, for people who are suffering to keep their homes from the economy will be able to do so. This gives me hope for all of us in the similar situation as yours!~~
texas mom
May 30th, 2010 at 12:44 am
start here
http://www.makinghomeaffordable.gov/eligibility.html
rpg
May 30th, 2010 at 1:29 am
The National Consumer Law Center (a nonprofit organization of long standing) has posted a web page containing information on all currently available mortgage modification plans. It is here:
http://www.nclc.org/issues/financial_distress/loan_modification.shtml