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Loan Modification

: The Truth About Mortgage.com

Treasury Unveils Second Lien Program, Pushes Hope for Homeowners

By scot184

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The Treasury today announced details of the so-called ?Second Lien Program,? which will work in tandem with the existing Home Affordable Modification Program to ensure more borrowers receive the assistance they need. ?Up to 50 percent of at-risk mortgages have second liens, and many properties in foreclosure have more than one lien,? the Treasury said in [...]

Full post as published by The Truth About Mortgage.com on April 28, 2009 (boomark / email).

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