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Sep
01

Mortgage Loan-Modification Plan Revised for Home Equity Loan Relief

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Many mortgage servicing companies have refused to modify second mortgages and many homeowners have defaulted on their home equity line of credit because their variable rate payments rose beyond their affordability. In a recent article Ruth Simon considers the implications for a new loan modification designed for second mortgage loans.  The Obama administration announced new home [...]

Mortgage Loan-Modification Plan Revised for Home Equity Loan Relief

1 Comments

1

Inquiring about a 115% 2nd equity loan.I did an application online.Could someone call so I can find out more info. Do you offer 125% mortgage refinancing or loan modifications for homes above 100% loan to value?

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