Showing posts with label foreclosure questions. Show all posts
Showing posts with label foreclosure questions. Show all posts

Streamlined Modification Initiative begins | HousingWire

Streamlined Modification Initiative begins | HousingWire

Loan Mod Q & A..What to do if Unemployed?

Question - I was recently laid off again and I am falling behind in my mortgage. What are my options this year with my lender?


Answer - Last year many of the major lenders and servicers teamed up with the government to institute a Mortgage Forebearance Program for homeowners falling back into distress in this economy.