Until the conflict between first and
second lien holders is resolved,
loan modification efforts and mortgage write - down
programs will likely be met with very limited success.
The «Making Home Affordable»
Program has four mortgage
loan modification programs under its umbrella to help distressed homeowners: the Home Affordable Modification Program; the Second Lien Modification Program (2MP); the Home Affordable Refinance Program; and the Home Affordable Foreclosure Alternati
modification programs under its umbrella to help distressed homeowners: the Home Affordable
Modification Program; the Second Lien Modification Program (2MP); the Home Affordable Refinance Program; and the Home Affordable Foreclosure Alternati
Modification Program; the
Second Lien
Modification Program (2MP); the Home Affordable Refinance Program; and the Home Affordable Foreclosure Alternati
Modification Program (2MP); the Home Affordable Refinance
Program; and the Home Affordable Foreclosure Alternatives
Program.