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• Lower Mortgage Payments and Avoid Foreclosure with a Home Loan Modification

  You can apply for a home loan modification if you are in the process of foreclosure or merely at risk of losing your home. The federal home loan modification program will lower your monthly mortgage payments by lowering your interest rates up to 6 percent, Read More... Posted Sunday, February 21, 2010 5:41 PM by Lyn Trask ABR | 0 Comments Filed under: Real Estate, For Sale, Announcements, Events, Seller Information, Community Information, home financing, Economy, New Orleans, NEW ORLEANS REAL ESTATE, homeowners loan help, Loan Modification Help, loan, modification, mortgage, new Orleans Home Sales, new Orleans home values, topics, news, government, current events, loan help, Homeowners assistance, assistance, Foreclosure, sellers, tips, MONEY, mortgages, home

• HUD pushes Chinese drywall help for homeowners

  The U.S. Department of Housing and Urban Development said Tuesday it's instructing lenders to temporarily suspend or reduce mortgage payments for homeowners who have tainted Chinese drywall. Lenders also are being encouraged not to charge late fees Read More... Posted Wednesday, January 06, 2010 10:28 AM by Lyn Trask ABR | 0 Comments Filed under: Real Estate, Announcements, Events, Community Information, Chinese Dry Wall, New Orleans, NEW ORLEANS REAL ESTATE, homeowners loan help, Loan Modification Help, modification, mortgage, new Orleans Home Sales, topics, news, government, assistance, hud, help with chinese drywall, drywall, hud pushes for help with chinese drywall

• Bank of America Offers Tips to Homeowners to Streamline the Modification Process

  The Home Affordable Modification Program (HAMP) provides borrowers who have experienced a financial setback an opportunity to possibly achieve more affordable mortgage payments by ensuring the payments are no more than 31 percent of their monthly gross Read More... Posted Sunday, December 06, 2009 6:12 PM by Lyn Trask ABR | 0 Comments Filed under: Real Estate, Seller Information, home financing, home sales, New Orleans, HOMEOWNERS, NEW ORLEANS REAL ESTATE, homeowners loan help, Loan Modification Help, loan, modification, mortgage, new Orleans Home Sales, topics, news, government, loan help, sellers assistance program, program, Foreclosure, SHORT SALES, SELLERS SHORT SALE

• Treasury Plans to Push Banks to Modify Loans

  The Treasury Department announced Monday steps it is taking to encourage lenders to complete more loan modifications, but critics say the new initiative doesn’t address the problems of jobless borrowers or those who are significantly underwater. Read More... Posted Sunday, December 06, 2009 6:05 PM by Lyn Trask ABR | 0 Comments Filed under: Real Estate, Market Conditions, Announcements, Events, Finances, Seller Information, Economy, home sales, New Orleans, HOMEOWNERS, NEW ORLEANS REAL ESTATE, homeowners loan help, Loan Modification Help, modification, mortgage, new Orleans Home Sales, topics, news, current events, loan help, unemployed mortgage help, assistance, sellers

• Loan-Modification Plan Hits Target

  The U.S. Treasury announced that 500,000 trial loan modifications have been completed under the Making Home Affordable program. Secretary Timothy Geithner said the number of trial workouts is rising faster than the number of homeowners nearing foreclosure. Read More... Posted Friday, October 09, 2009 7:47 PM by Lyn Trask ABR | 1 Comments Filed under: For Sale, Announcements, Events, Seller Information, Community Information, home financing, Economy, home sales, New Orleans, NEW ORLEANS REAL ESTATE, homeowners loan help, Loan Modification Help, loan, mortgage, new Orleans Home Sales, news, government, current events, loan help, assistance for unemployed, Homeowners assistance

• FHA Home Modification Program Will Help Thousands of Homeowners, Say Realtors®

  Washington, July 30, 2009 The following is a statement by National Association of Realtors® President Charles McMillan: “NAR would like to congratulate and thank Department of Housing and Urban Development Secretary Shaun Donovan and Federal Read More... Posted Monday, August 03, 2009 8:03 PM by Lyn Trask ABR | 1 Comments Filed under: NEW ORLEANS REAL ESTATE, homeowners loan help, Loan Modification Help, loan, modification