Hope for Homeowners Program
FHA-Hope for Home Owners Program. Helping home owners in foreclosure or those having financial challenges in making their payments. USA Government Program launched…
www.hopeforhomeownersprogram.org
Recent user posts
Video News Updates
Video News Updates These videos will give you news and information about the status of the Hope for Homeowners Program. Additionally, I will provide you with an insight as to what lenders and banks are doing to get this program moving. You will get an insight to the challenges presented by all parties… Read more
Videos
Videos $7500 Dollar Federal Tax Credit to 1st Time Home Buyers If you have any friends, family or business associates who would like to take advantage of a new $7500 dollar federal tax credit, view this video and go to the site for more information: $7500 Dollar Tax Credit Website… Read more
Application for Help
Application for Help! Until Recently, I have required people fill out a full loan application. I have taken in thousands of loan applications! It is now better for you to simply fill out this short form so I can contact you and find out more about your situation. It saves you time and allows us to… Read more
The Details
The Details Here are the details to the program: 1) 3.9 billion for neighborhoods hardest hit by foreclosures. 2) Help struggling homeowners get new cheaper loans. 3) Help Freddie Mac and Fannie Mae with a cash infushion. 4) The bill would let hundreds of thousands of homeowners trapped in mortgages… Read more
America Bails Out Homeowners!
Those in foreclosure or whom have high interest rate, subprime or other loans, will be able to take advantage of what the congress, the senate and the president area signing off in the next few days. Will this new FHA program really help people? Yes, the gigantic mortgage bail out program will help… Read more
Sections Explained: (Sec. 116)
SECTION: 116 MORTGAGE INSURANCE PREMIUMS REHABILITATION LOANS DISCRETIONARY ACTION MORTGAGE INSURANCE PREMIUMS. Section 203(c)(2) of the National Housing Act (12 U.S.C. 1709(c)(2)) is amended- (1) in the matter preceding subparagraph (A), by striking `or of the General Insurance Fund' and all… Read more
Sections Explained: (Sec. 112)
SECTION: 112 MAXIMUM PRINCIPAL LOAN OBLIGATION `(A) not to exceed the lesser of- `(i) in the case of a 1-family residence, 110 percent of the median 1-family house price in the area, as determined by the Secretary; and in the case of a 2-, 3-, or 4-family residence, the percentage of such median price… Read more
Sections Explained: (Sec. 118)
SECTION: 118 Sections 117-121 SEC. 117. INSURANCE OF CONDOMINIUMS. (a) In General- Section 234 of the National Housing Act (12 U.S.C. 1715y) is amended- (1) in subsection (c), in the first sentence- (A) by striking `and' before `(2)'; and (B) by inserting before the period at the end the following… Read more
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