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Ryan Broughton

Is the Home Affordability Loan Modification really helping distressed homeowners?

Friday, April 17, 2009 - Article by: Ryan Broughton - Eagle Home Mortgage - Message

Here are two links to great articles about the government sponsored Hope for Homeowners program. Like all of the other government programs to date, Hope for Homeowners offered little or no help to anyone.

Most homeowners who received loan modifications from free government or lender sponsored programs actually had their payment go up. More than ever, troubled homeowners need professionals like us to navigate the bureaucracy of the lenders.

http://money.cnn.com/2009/03/25/real_estate/new_hope_plan/

http://www.cnbc.com/id/27701737/

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