Thursday, November 8, 2007

Mortgage Problems

For anyone who is having a problem meeting their mortgage payments, there is help out there. The Federal Reserve Chairman Bernanke has recommended to lenders to sit down with people who are having financial difficulties meeting their mortgage obligations and making other arrangements with them instead of the home going into foreclosure. Foreclosures are costly to the lenders, so resolving financial problems would benefit both parties. I have provided a couple of links
which will help you get started. These links can also be found on the right under Mortgage Help.

1 comment:

roman said...

Thank you for putting this information out there for all to see. Most Americans think that when they can't make their payments that world will come to an end and they have to homeless. With this program many families can stay where they are and still make that payment each and every month. Good post.

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