A lot of interest has been bubbling up about the $750 billion dollars that the Obama Administration has earmarked for loan modifications for borrowers who are under water on their home values. And, lots of homeowners around Atlanta are underwater, so it affects a lot of us. The ...
Category Archives: Short Refi
The FHA Short Refinance – Banks are Discounting Mortgages
In Georgia we have been seeing record numbers of foreclosures, record numbers of bank repos and record numbers of short sales. There may be some in your neighborhood. Homeowners are faced with rising mortgage payments once their low adjustable rate mortgages begin to climb. The common answer up to this point to avoid foreclosure has ...