Obama's Treasury Loan Modification Guidelines For Homeowners
The Treasury Departments loan modification plan is up and running with over 15 lenders now approved to offer new, aggressive mortgage terms to qualified homeowners. 4 to 5 million borrowers are expected to apply for relief under President Obama's sweeping plan, here is some information to help you determine if you are eligible.
The guidelines are standard for everyone, and under the federal plan lenders and servicers will be paid to modify qualified loans using a set formula. The goal is to
