Tag Archives: bailout
Homeowner Bailout? The HARP Program

Homeowner Bailout? The HARP Program

You hear people talking about all the different programs that can get you out of your current mortgage headache, but when you search for the solution…all you get are advertisements!  The government does have a solution, so let’s dig in.. What is the Home Affordable Refinance Program? The Home Affordable Finance Program or HARP is Read more
FHA Announces Reverse Mortgage Foreclosure Alternative

FHA Announces Reverse Mortgage Foreclosure Alternative

Guidance allows lenders to assign loan to HUD and keep non-borrowing spouse in the home   WASHINGTON – The Federal Housing Administration (FHA) today issued a new policy under its Home Equity Conversion Mortgage (HECM) Program giving FHA-approved lenders the option to delay calling HECMs with eligible  ‘non-borrowing spouses’ due and Read more