November 8th, 2009 by admin
Mortgage Relief Act Of 2008
Question: Does the mortgage debt relief act apply to people who refinanced?
I hear 2 versions of this story. That the canceled debt from my short sale this year will NOT be considered income and others say it will be because a refinanced and made it a recourse loan. My CPA [...]
Read the rest »
November 30th, 2008 by admin
Loan Modification Agencies
Question: is anyone waiting for a mortgage loan modification???
did you go thru a specific agency, or request it on your own. how long has it taken??
Answer: yes i am…. it can take up to 90 days.. but stay on top of them.. and make sure they received everthing that ahs been requested.. alot [...]
Read the rest »
September 14th, 2008 by admin
Loan Modification Act Of 2008
Question: where can i view a detailed list of FHA’s loan modification guideline online?
didn’t qualify and i’ve been trying to search online for a list of the guidelines. maybe it’s even embedded somewher in the Housing and Economic recovery act of 2008? does anyone know? thank you.
Answer: I am David Mark [...]
Read the rest »
August 10th, 2008 by admin
Obama Mortgage Modification Act
Question: Has anyone applied for a modification on thier mortgage through Obama’s homeowner affordability plan?
The Homeowner Affordability Act
Answer: It was just announced yesterday – if you’re looking for detailed information and what you need to do, what criteria you need to meet, you can go to:
www.hud.gov
or
http://www.financialstability.gov/makinghomeaffordable/
Both will give you the how, what [...]
Read the rest »
April 5th, 2008 by admin
Mortgage Relief Act Obama
Question: What’s the only thing Obama has to do in order to win the White House?
Just review everything that’s gone wrong with America since Bush first stole office?
Standard of living going down
cost of living going up
jobs lost
No management of the home mortgage disaster BEFORE it exploded
Katrina mismanagement (review what Chins has done [...]
Read the rest »