The deadline for the Making Home Affordable (MHA) Program, developed as part of the US government’s plan to help struggling homeowners avoid foreclosure, was recently extended through December 31, 2013. The Program has evolved since its creation and now includes several modification, refinance and foreclosure options for both homeowners that are at risk of foreclosure and homeowners that are able to make their payments, but who have not been able to refinance due to the sharp decrease in property values. MHA offers solutions that help homeowner’s reduce mortgage payments and lower their interest rate. There are two main components to […]
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