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Loan Modification

: Loan Modification & Home Loan News

New programs can reduce mortgage principals

By Moe Bedard

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In the next few weeks, Arizonans who have fallen far behind on house payments will have more access to an effective means of avoiding foreclosure. Principal forgiveness is an often-requested but seldom-approved method of reducing the mortgage?and monthly payments?so struggling owners can stay in their homes. Housing counselor Patricia Garcia Duarte anticipates the start of a [...]

Full post as published by Loan Modification & Home Loan News on June 04, 2010 (boomark / email).

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