Homeowners are Given more Help with Mortgage Repayments as they Become more Excessive

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In: Refinance News

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HOME values have skyrocketed during the pandemic to where they may now be unaffordable – but you may still be able to get some help. Due to prices not growing at the same rate as income, median American households nowContinue Reading

New Mortgage Relief Programs Reduces The Borrowers Burden To A Great Extent

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In: New Home Mortgage News

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The new home loan modification program will help millions of struggling mortgage borrowers by cutting their principal and interest payments down by up to 25%. On Friday the new modification program which is an add-on to other housing relief effortsContinue Reading

The Biden government extends the ban on foreclosures and mortgage relief

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In: Refinance News

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The Biden government announced on Tuesday the extension of the federal bans on mortgage forbearance and foreclosure programs through June, thus offering relief to thousands of homeowners struggling with finances due to the pandemic.  This action has extended the foreclosureContinue Reading

CARES Act Still Providing Mortgage Relief For Those Struggling To Make Payments

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In: Mortgage News, Refinance News

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Thousands of families are dealing with new hardships during the pandemic, right from having the trouble to put food on the table, to the fear of losing their home COVID-19 has created turbulence in millions of lives.  But to alleviateContinue Reading

Struggling Homeowners Still Have The Option Mortgage Forbearance

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In: Mortgage News

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Last updated on February 3rd, 2021 at 11:10 amWith millions of Americans unemployed and unable to pay their mortgages, new guidance on mortgage loan relief and low-interest-rate financing have been worked on by Boston based American Consumer Credit Counseling.  The initialContinue Reading

Faced With Mortgage Troubles Owners Of Mall Of America Enter Into Forbearance Agreement

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In: Mortgage News, Refinance News

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Last updated on February 2nd, 2021 at 06:22 pmCanadian conglomerate Triple Five Group – The Ghermezians- Owners of Mall of America are taking steps to keep their doors open with troubles associated with the coronavirus pandemic still lurking.  They have entered a forbearance agreementContinue Reading

6 Banks Helping Homeowners With Their Mortgage Payments

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In: Mortgage News

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Last updated on February 2nd, 2021 at 06:19 pmBlessed are we to be in a Country that introduces various schemes during these testing times.  Because of the CARES Act legislation which was passed in late March, many homeowners are legally entitled toContinue Reading

Mortgage Forbearances Fell 23 Points again this week too!

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In: Mortgage News

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Last updated on February 2nd, 2021 at 06:18 pmAccording to the Mortgage Bankers Association, the mortgage forbearance has dropped by 23 basis points in the 1st week of August. This is the 9th week in a row that the rate hasContinue Reading

Mortgage Relief Program for Loudoun County

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In: Mortgage News

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Last updated on February 22nd, 2021 at 06:09 pmFrom the state’s Virginia Rent and Mortgage Relief Program, the county government and Northern Virginia Family Service has given  Loudoun county $450,000 for local renters and homeowners.  The financial assistance comes asContinue Reading

Mortgage Support During Troubled Times

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In: Mortgage News

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Last updated on February 2nd, 2021 at 04:11 pmHow to Get Help When you Need it-and How to Pay it Back Later Many lenders want to provide the support you need, which includes immediate and long term relief for peopleContinue Reading