Sentences with phrase «to help struggling homeowners»

A reverse mortgage can be used to help struggling homeowners stay in their homes by paying off the remaining balance on their existing mortgage.

He also faced criticism for policies that seemed to value bank profitability over helping struggling homeowners.

PMI has also demonstrated their commitment to help struggling homeowners by providing useful information on their website regarding servicers, lenders, and typical loan modification processes along with tips and solutions regarding foreclosures.

That is what this new program is designed to do — it forgives part of the loan principal to help struggling homeowners avoid foreclosure.

Testifying before a recent House Financial Services subcommittee hearing on initiatives designed to improve government programs assisting challenged homeowners, FHA Commissioner David H Stevens noted that the FHA, «must balance the need to help struggling homeowners with the recognition that we can not and should not help everyone.»

«In light of these conditions, we urge [insert bank name] to do more to help struggling homeowners modify their loans.»

A: Mortgage lenders are working with government programs such as the Home Affordable Modification Program (HAMP) and also providing their own programs for helping struggling homeowners.

«We are proud to have helped these struggling homeowners keep their homes.»

Ark's Mortgage Assistance Program (AMAP) has been helping struggling homeowners by finding ways to help them stay in their home as long as possible — even after they have defaulted on their mortgage.

HARP was started by the federal government in 2009 to help struggling homeowners stay in their homes.

Mortgage Insurer PMI is pitching in to help struggling homeowners with their Refinance to Modification Program.

Bank of America has discussed paying about $ 12 billion, including more than $ 5 billion to help struggling homeowners, to resolve a range of federal and state probes, primarily into whether the company and its units defrauded mortgage bond investors in the run - up to the financial crisis, people familiar with the matter said.

He was the architect of a plan to help struggling homeowners.

Gordon Brown has promised «action to help struggling homeowners», in the debate after the Queen's Speech.

Housing counselors are knowledgeable about available programs to help struggling homeowners.

Even if the two sections cited here had passed, investor demand for jumbo loans would have meant that such financing was only available at a premium rate, something which would do little to help struggling homeowners.

By helping a struggling homeowner, these companies avoid having to pay out insurance claims by lenders.

Geithner continued by saying, «None of this is acceptable,» and indicated the Treasury Department would begin conducting «targeted, in - depth compliance reviews» of mortgage servicers to ensure they are doing their part to help struggling homeowners avoid foreclosure.

«We remain committed to helping struggling homeowners, and this program will provide additional assistance to states hit hardest by unemployment,» said Assistant Secretary for Financial Stability Herb Allison.

Default mortgage insurers carry programs that help struggling homeowners to temporarily pay interest only, or to forgive some of your payments.

Later, he added, that his administration's efforts to help struggling homeowners were «not enough.»

The Home Affordable Modification Program (HAMP) is a government program designed to help struggling homeowners.