NJ Still Drowning in ‘Underwater’ Mortgages, New Study Reveals – “He can do this voluntarily, he doesn’t need to wait for Congress to act,” Dreier said. Wayne Smith acknowledged that lenders may attempt to tie up local mortgage relief programs in court. But.

Do You Qualify for Obama Refi Program? – Bankrate.com – Objective: Freddie Mac’s Home Affordable Refinance program, known as the Relief Refinance Mortgage, is designed to assist borrowers who are current on their mortgage payments, but would benefit.

US Congress HRES151 – trackbill.com – US Congress HRES151 Providing for consideration of the bill (H.R. 836) to rescind the unobligated funding for the emergency mortgage relief program and to terminate the program.

VA loan – Wikipedia – A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and.

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FACT SHEET: President Obama's Plan to Help Responsible. – Under the rebuilding equity program, the borrower would refinance into a 20-year mortgage at 3.75 percent and commit her monthly savings to paying down principal. After five years, her mortgage balance would decline to $152,000, bringing the borrower above water.

What You Should Know About Obama Loan Modification – There are two aspects to the Obama Mortgage: refinancing and loan modification.. But who qualifies for loan modification under this homeowner relief program? To be eligible for a Making Home Affordable loan modification, applicants must:. FREE CREDIT SCORES From All 3 Bureaus .

Will the Mortgage Forgiveness debt relief act be extended? – The Mortgage Forgiveness Debt Relief Act became federal law in 2007. It allowed taxpayers to avoid income taxes on unpaid mortgage debt, including debt reduced through short sale, mortgage modification or foreclosure.

Companies and People Banned From Debt Relief | Federal. – The FTC has obtained federal court orders banning the companies and people listed below from participating in all or specific types of debt relief businesses.

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[UPDATED] Mortgage Forgiveness Debt Act Extended To 2017 – [UPDATED] Mortgage Forgiveness Debt Act Extended To 2017. by Peter Thomas Ricci December 21, 2015.. In addition to extending the Mortgage Debt Relief Act, Congress’ tax legislation also included the following measures:. I understand that the debt relief program has been extended to 2018.

Government Mortgage Relief Programs | HomeOwnership.org – Government Mortgage Relief Programs. Learn more about the Second Lien Modification Program. Additional Mortgage Relief resources associations. federal housing finance agency (fhfa) program. Begin a free mortgage counseling session with one of our qualified housing counselors.