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Loan Modification

: Loan Modification & Home Loan News

No big rush on help for underwater home loans

By Moe Bedard

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(Source: USA TODAY) – A government program intended to help hundreds of thousands of underwater homeowners is off to a slow start. Since its September launch, only 38 homeowners have refinanced mortgages through the FHA Short Refinance program, backed with $11 billion in federal funds. The Federal Housing Administration has said the program could eventually [...]

Full post as published by Loan Modification & Home Loan News on February 08, 2011 (boomark / email).

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