New rules recently came into effect which require that most companies servicing mortgage to send applications for loan modification to borrowers who fall behind on their payments. Most loan servicers also let borrowers know that assistance with completing the application is available at no cost to homeowners by HUD-approved counseling agencies. No doubt some homeowners ask themselves: “Why work with a housing counselor?” Why not just complete the modification application on their own and send it in?
I’d like to welcome you to the launching of the HOMEblog! Our HOMEteam coaches will be utilizing this blog to impart much of their skilled, useful and often very interesting knowledge and ideas on future homebuyers and current homeowners. We believe that every homebuyer and homeowner should have a trained coach on their side to […]