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FHA program a Foreclosure Refinance? Think again...

I along with a lot of other short sale and foreclosure blogger have gotten little bit more than impatient with the programs that promise plenty but deliver little for folks in need. I have talked to many loan officers and asked them about the FHA foreclosure refinance programs that were supposedly out there. The feedback I have always gotten is yea they have those but they designed to never happen. . . . → Read More: FHA program a Foreclosure Refinance? Think again…

More benefits to Clevelanders in foreclosure

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