Posts with tag Home Affordable program

More Americans find themselves in a position of negative equity -- owing more on a mortgage than the home is currently worth. By itself, negative equity isn't necessarily trouble. Those who can afford their monthly mortgage payments and have a safe loan structure can wait out the market until home values improve. For... Continue Reading »

Happy Birthday, HAMP! As the federal foreclosure mitigation program hits the one-year mark, it's finally helping a significant number of people renegotiate their mortgage payments and stay in their homes. More than a quarter million people had been approved for permanent home loan modifications through the $75 billion... Continue Reading »