“If they could not maintain their payments, they are back to square one,” Ron [...]
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“If they could not maintain their payments, they are back to square one,” Ron [...] Worst-case scenario? People seeking help still end up in foreclosure. But those increasingly are the minority in Colorado and [...] Homes below $250,000 are appreciating, making it easier – and less painful – to do a short sale, says Jack [...] Aurora Loan Services LLC of Douglas County, in April ranked No. 10 in the nation for making loan modifications under a federal program. Aurora Loan, which became notorious for making risky, subprime mortgages through April had a total of 23,998 loans either in the trial or permanent stage of the Obama Administration’s Home Affordable Mortgage Program, [...] There are other options for homeowners who have been rejected or kicked out of the HAMP [...] “Socially, politically and economically, it makes a lot of sense,” Tom [...] Although the percentage increases in the number of loan modifications are huge, the numbers are not high enough yet to make a real [...] I was on Channel 9 news this morning to talk about the story I wrote earlier that only about 1,000 people in Colorado have so far received permanent loan modifications. To check out the video, please visit this link. To read the original story, please visit this link. Contact John Rebchook at JRCHOOK@gmail.com or 303-945-6865. Share this: “We need to spread the pain, and spread the gain,” Byron [...] |
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