Showing posts with label mortgage debt. Show all posts
Showing posts with label mortgage debt. Show all posts

Monday, April 21, 2014

Vital Things to Know About Mortgage Modification

A house is a great investment, but the economic downturn of the last decade saw many homeowners drowning in mortgage debt. That’s why in 2009, the government created the Home Affordable Modification Program (HAMP), which aims to make home payments more affordable for people who are struggling financially. 

How does this program work? Who can qualify for it? Below are the vital details you need to know: