Just came across an article on CNN that details the release of a website designed to help homeowners see if they qualify for assistance under Obama’s foreclosure prevention program that was released two weeks ago.
Obama Housing Fix: Banks Aren’t Ready
I think the consumer website (www.makinghomeaffordable.gov) is a superb idea and for all of you homeowners who are unsure if you qualify for aid you need to check it out. There is a hotline to call with further questions and a comprehensive FAQs page that provides extensive resources. My favorite offering is the free assistance of a HUD-approved counselor to help determine your eligibility for the programs.
Michael Krotchie
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I haven’t seen the site before. I think it is something we need. Clients are asking questions and this can help. The renegociated loan portion is interesting.