Loan Modifications Don’t Work

According to two Republican Congressmen, President Barack Obama’s plan to help homeowners avoid foreclosure is a failure.

According to a resource, Rep. Jim Jordan, R-Ohio and Rep. Darrell Issa, R-Calif communicated to Treasury Secretary Timothy Geitner a letter, which was sent not too long ago, telling him to “end immediately” the Home Affordable Modification Program known as HAMP.

Since Pres. Obama announced the program in Mesa in February 2009, [over 1 year ago] only 340,000 homeowners have had their mortgage loans permanently modified through the program.

President Obama said 3 million to 4 million homeowners would be helped by the program.

Did you know that even homeowners who are granted long-term modifications often still end up in foreclosure?  “Why”, you ask? Well, because in many cases the payments are still simply too high for them to afford.

People have said we are simply in a death spiral, but in lots of cases it doesn’t have to be that way.  I offer a free audit of your mortgage documents and may be able to help you avoid foreclosure long-term.  Just give me a call to discuss your particular circumstance, I will be happy to see if I can help you just like I have helped other homeowners fight foreclosure.

I offer a Free – No Obligation Consultation And Preliminary Audit of your mortgage situation.

Call (888) 819-6554 or fill out the Stop Foreclosure Help email form,

Click Here —>>  http://help-to-stop-foreclosure.net/

Resources:

http://www.kpho.com/news/24205219/detail.html

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