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Loan Modification

: The Truth About Mortgage.com

HomeSaver Advance? Not So Much

By scot184

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What?s in a name?  HomeSaver Advance, a loss mitigation program offered by Fannie Mae, sounds like a pretty good deal. A struggling homeowner can get an unsecured personal loan if they fall behind on their monthly mortgage payments. While the homeowner won?t receive any cash in hand, they can use the proceeds to pay off delinquent mortgage [...]

Full post as published by The Truth About Mortgage.com on May 21, 2009 (boomark / email).

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