BUSH ADMINISTRATION TO HELP NEARLY ONE-QUARTER OF A MILLION HOMEOWNERS REFINANCE, KEEP THEIR HOMES
FHA to implement new “FHASecure” refinancing product
President George W. Bush today (08/31/07) announced that HUD's Federal Housing Administration (FHA) will help an estimated 240,000 families avoid foreclosure by enhancing its refinancing program effective immediately. Under the new FHASecure plan, FHA will allow families with strong credit histories who had been making timely mortgage payments before their loans reset-but are now in default-to qualify for refinancing.
For the full story See: http://bankfraudtoday.com
Resources: http://www.hud.gov/
Are you a victim of Predatory Lending or Mortgage broker Fraud?...
• Are you unable to Refinance your Mortgage?
• Did you get an inflated appraisal? See This
• Were you charged single premium insurance?
• Were you charged High Fees?
• Are you being locked in by Prepayment Penalties?
• Were you charged Yield-Spread Premium?
There are many different ways that banks, lenders and brokers can trick homeowners into giving up their homes.
There is a legal remedy to recover Truth In Lending Act violation fines, void the lenders security interest in the property and collect money damages.
You may be a victim of Predatory Lending Practices...here are many different ways that banks, lenders and brokers can trick homeowners into giving up their homes.
Find out more about how your Broker or Lender may have violated the Truth in Lending Act and other consumer protection laws...Click on this link: http://mortgage-home-loan-bank-fraud.com/report.html
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