Jul
02
2009
Federal Government Considers Extending Further Aid To Underwater Borrowers
Posted by in Mortgage Loan NewsNews Sources wrote an interesting post today on
Here’s a quick excerpt
Continued trouble in the housing market in the form of falling home prices has the federal government considering expanding its mortgage aid programs to include homeowners that are further underwater than is currently acceptable under federal guidelines. Currently, its Making Home Affordable Program serves people who have a loan-to-value ratio of up to 105 percent. [...]
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