Tuesday, June 1, 2010

Stop foreclosure

There are a number of options to prevent home foreclosure. Some of these include loan modifications and short sales. Today w explore the Home Affordable Modification Program (HAMP) which has already assisted over 4 million homeowners to get relief on their mortgage payments. Illinois homeowners make up more than 5% of all permanent mortgage modifications which have been made under the HAMP. The attached presentation outlines the program and shows a process flow and links to information.

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