Archive for August, 2009
Posted in 
Slow Help From Obama’s Loan Modification Program
August 5th, 2009 
Elisheva Wiriaatmadja Last Tuesday, Aug 04, 2009 the Treasury Department announced that big lenders such as JP Morgan Chase and GMAC have started mortgage loan modification on only 20% of eligible mortgages. Overall, only 235,247 or only 9% of all homeowners in the US had actually been helped by the federal government program to save American homes [...]
Powerful Debt Reduction Softwares
August 3rd, 2009 Elisheva Wiriaatmadja I have found a few tools that can make a difference in your struggle to get out of debt. People who successfully reduce their debt use different kind of tools and some use something just as simple as a computer spreadsheet. The goal of using such tools is to help you budget your monthly spending [...]
Hardship Letter for Loan Modification
August 2nd, 2009 Elisheva Wiriaatmadja One of your options to save your home besides refinancing is getting a mortgage loan modification. This option is the best choice for struggling homeowners who can not go for mortgage refinancing. To apply for a loan modification, you are required to submit a letter that proves your financial hardship which states the reason as [...]
