Video

Loan Modification Briefing: 

 Also Visit:
FHA - Hope for Home Owners Program

The "Hope for Homeowners Program" Guidlines have been:  UPDATED:

The FHA Hope for Home Owners Program has been updated since i did this video.  Here are the most important adjustments:

1.  Both 30 year and 40 Year amotization schedules for new loans.

2.  FHA has changed the maxium loan amount to not to exceed 96.50% of the appraised value. The old value was 90%!

 

Please watch this video. 

60 Minutes talks about the Mortgage Meltdown.