Second Mortgage Modifications for Credit Lines and Equity Loans and
by admin ~ September 1st, 2009.
The use of second mortgage liens grew during the housing boom as homeowners extended themselves with home equity loans to consolidate debt and finance as much as 100% of the original purchase price. Administration officials estimate that modifying home equity loans could help as many as 1.5 million homeowners. An Obama official said that “by bringing the 1st and 2nd [...]
Second Mortgage Modifications for Credit Lines and Equity Loans and
Category: Government Mortgage Relief, Home Equity News, Home Equity Programs, Mortgage News | Tags:
January 13th, 2010 at 8:06 am
I don’t typically take the time to leave a comment, but the home equity posts were especially helpful to me today. As I myself helping people with loan modification plans, I found this as incredibly useful advice. Thanks – Holly T.