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lbrodeur1965 · Joined: 21 Dec 2008 Posts: 7 3.81 Dollars($)

I would be interested in hearing from people as to how their experience was working with their banks. The media says they are not helping and the HOPE Program has only helped around 300 people. When are the people (homeowners) going to get the help they need so desperately?

Guest

Hey, you know what I think that a lot of people who are facing foreclosure situations do not know about the programs which can save them. With the Hope for Homeowners Program, people facing foreclosure will be able to refinance the mortgage with easier terms and conditions. I have heard that as many as 400,000 homeowners can avoid foreclosure with this program.

Apart from this, I think borrowers should also be aware of various programs like loan modification, forbearance, short sale or deed in lieu. All these are available with the lender. This will help a lot of borrowers to save themselves from foreclosure.

A Merry XMAS to you!!!

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Banks working with Home Owners ?