My New Blog

Bank of America, Chase, Citibank - Loan Modifications and HAMP
December 11th, 2009 12:46 PM

For any and all who have or are trying to receive the loan modification program that the Obama administration have introduced as banks that received the TARP money from the tax payers then you will want to read this article.... click on highlighted link below for full story!!!!


Bank Of America's Foreclosure Rescue Failure: Only 1 Out Of 1,600 Borrowers Have Received Permanent Modifications

On Monday, the Huffington Post's Shahien Nasiripour reported on the failure of President Obama's $75 billion foreclosure program, citing JPMorgan Chase's prediction that only 15 out of 100 homeowner applicants have or will likely receive a permanent loan modification.

So far, the actual numbers are worse -- much worse.

Click on link above to read full story!

If you are needing help in this time to shortsale your home give me a call and I can put you in touch with the people to help you through this process.


Posted by David Haley on December 11th, 2009 12:46 PMPost a Comment (0)

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