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Northeast OH – The Star Tribune, a newspaper in Minneapolis, recently ran a story about loan modifications. Here is an excerpt from the article: “Many people who sought help under a federal program created to keep them from losing their homes are instead getting saddled with huge, unexpected bills. Thousands now face a . . . → Read More: Northeast Ohio Short Sales: Loan Modifications can be a recipe for disaster  Leave a comment  Cleveland short sales  Back Injury, Borrowers, Carl Christensen, Delinquent, Excerpt From, Foreclosure, J P Morgan, J P Morgan Chase, Lenders, Loan Modification, Loan Terms, Minneapolis Real Estate, Monthly Mortgage Payments, Obama, Stab, Star Tribune, Stark Choice, Umbrella, Unexpected Bills, Weddle Here are a few more details about the Obama spending plan to help homeowners. I wrote about some of the benefits to the borrower for doing loan mods last week. 1.) The new plan incentives banks to offer plans that the homeowners can actually afford. After 3 months of the homeowner remaining current on . . . → Read More: More benefits to Clevelanders in foreclosure Leave a comment Uncategorized Andy Morris, Bankruptcy Judges, Billion Dollars, Borrowers, Clevelanders, Continuation, Cramdown, Credit Report, Economic Meltdown, Financial Assistance, Foreclosure, Gross Income, Households, Incentives, Individ, Interest Rate, Interest Rates, Lien Holder, Lienholder, Loan Balance, Obama, Objective, Principal Balance, Principal Interest, Principle Balance, Real Estate Broker, Realtor, Spending Power, Target, Tax Burden, Tax Payers, Threshold, Time Value Of Money, Time Value Of Money Formulas, Value Of Money, Video Lesson |
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