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Foreclosure Defense and Loan Modification Blog

What Obama Doesn't Want You To Know About Mortgage Modifications

Posted by Maxwell Swinney

Tuesday, January 12, 2016

The Home Affordable Modification Program (HAMP) was introduced by the Obama administration in 2009 with the goal of helping distressed homeowners keep their homes. That help was and is badly needed. The ongoing mortgage crisis and recession has left millions of Americans owing more on their home than it is worth and without enough income to afford their monthly payment. Something needed to be done, and Uncle Sam stepped up with HAMP.

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Topics: home affordable mofication program qualifications, HAMP, hamp loan modification

Home Affordable Modification Program Qualifications

Posted by Jake Sterling

Wednesday, November 4, 2015

The Home Affordable Modification Program is designed to reduce a homeowner's monthly payment to 31 percent of the homeowner's monthly gross income. In many cases, this could mean a reduction in principal or a lowered interest rate.

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Topics: loan modification, home affordable mofication program qualifications, HAMP, hamp loan modification

About this Blog

Amerihope Alliance Legal Services is a leading loan modification and foreclosure defense law firm with attorneys licensed in 5 states. We have helped over 7,000 homeowners fight back and keep their homes.

Click to Read Our Super Loan Mod Success Stories

Our goal is to provide valuable information to help homeowners who are trying to obtain a loan modification or to stop foreclosure. You may schedule a free consultation at any time.

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