Sentences with phrase «for distressed homeowners»

This course helps students evaluate all available options for distressed homeowners and identify the components of an effective short - sale package.

Over the last few years, banks have been pretty active in approved home loan modification agreements for distressed homeowners nationally.

National coordinator for community outreach events for distressed homeowners.

The Obama administration has extended several mortgage bail - out programs for distressed homeowners like the Home Affordable Refinance Program, but very few borrowers were able to qualify for this relief measure that enabled homeowners that had mortgages owned by Fannie Mae or Freddie Mac the ability to refinance their under - water loans up to 125 % loan to value.

Together with months of interest rates at record lows, some of the other factors that push the refinancing boom include the competitive lending market and modifications in a few federal refinancing programs intended for distressed homeowners.

Since FHA insures home mortgages, they have been involved in the refinance relief and foreclosure prevention solutions for distressed homeowners.

Becoming a more and more popular option for distressed homeowners, this process is called a «short sale», which occurs when a lender agrees to write off the portion of a mortgage that is higher than the value of a home.

Bank of America President and Chief Executive Officer Brian Moynihan also announced changes to Bank of America Home Loans and Insurance that will continue the company's strong momentum in extending home mortgage credit while improving its leading mortgage modification programs for distressed homeowners and resolving legacy mortgage issues.