Comments for Government Refinance Assistance http://www.governmentrefinanceassistance.com Helping American Homeowners Obtain Mortgage Relief Wed, 15 Feb 2012 23:02:38 +0000 hourly 1 http://wordpress.org/?v=3.3.1 Comment on Don’t expect Fannie or Freddie to support principal reductions any time soon by sharon http://www.governmentrefinanceassistance.com/government-financing-assistance/dont-expect-fannie-or-freddie-to-support-principal-reductions-any-time-soon/comment-page-1/#comment-53092 sharon Wed, 15 Feb 2012 23:02:38 +0000 http://www.governmentrefinanceassistance.com/?p=1602#comment-53092 We are upside down by 45% do to recent real estate crisis..Is there any help for us...principal reduction loan modification, etc? We are upside down by 45% do to recent real estate crisis..Is there any help for us…principal reduction loan modification, etc?

]]> Comment on Don’t expect Fannie or Freddie to support principal reductions any time soon by sharon http://www.governmentrefinanceassistance.com/government-financing-assistance/dont-expect-fannie-or-freddie-to-support-principal-reductions-any-time-soon/comment-page-1/#comment-53091 sharon Wed, 15 Feb 2012 23:00:16 +0000 http://www.governmentrefinanceassistance.com/?p=1602#comment-53091 USDA loans are they owned by Freddie Mac or Fannie Mae? USDA loans are they owned by Freddie Mac or Fannie Mae?

]]> Comment on President Obama announces plans for new government refinance assistance program by john cohen http://www.governmentrefinanceassistance.com/government-financing-assistance/president-obama-announces-plans-for-new-government-refinance-assistance-program/comment-page-1/#comment-51717 john cohen Tue, 31 Jan 2012 06:46:56 +0000 http://www.governmentrefinanceassistance.com/?p=1803#comment-51717 Agreed...Wells Fargo stinks. I have them too and was conned into a higher interest rate and combo of some debt and now cant get out of it. they told me if i wanted help, dont pay and we'll help you. One lady told me "you're the idiot paying the high interest rate, so don't pay it and then we can help you!". Great business practice there. BBB should shut these idiots down. i hope you get your refi and i hope the gov't lets the programs go beyond fanny and freddy so i can get help too. good luck. Agreed…Wells Fargo stinks. I have them too and was conned into a higher interest rate and combo of some debt and now cant get out of it. they told me if i wanted help, dont pay and we’ll help you. One lady told me “you’re the idiot paying the high interest rate, so don’t pay it and then we can help you!”. Great business practice there. BBB should shut these idiots down. i hope you get your refi and i hope the gov’t lets the programs go beyond fanny and freddy so i can get help too. good luck.

]]> Comment on Obama touting help for mortgage crisis but details still fuzzy by Tina http://www.governmentrefinanceassistance.com/government-financing-assistance/obama-touting-help-for-mortgage-crisis-but-details-still-fuzzy/comment-page-1/#comment-51689 Tina Mon, 30 Jan 2012 23:53:14 +0000 http://www.governmentrefinanceassistance.com/?p=318#comment-51689 They don't want to help us that really need it . We are always a month behind but cant get a loan modification because were not current .with a 10.6% interest rate wewill never beable to save our home They don’t want to help us that really need it . We are always a month behind but cant get a loan modification because were not current .with a 10.6% interest rate wewill never beable to save our home

]]> Comment on President Obama announces plans for new government refinance assistance program by Sheila Callahan http://www.governmentrefinanceassistance.com/government-financing-assistance/president-obama-announces-plans-for-new-government-refinance-assistance-program/comment-page-1/#comment-51408 Sheila Callahan Thu, 26 Jan 2012 18:12:35 +0000 http://www.governmentrefinanceassistance.com/?p=1803#comment-51408 This H.A.R.P. thing is a BIG JOKE! My husband & I have qualified for this since it began. I am to the point of aggrevation! We have NEVER! been late or missed a single morgage payment in 9yrs. We have taken every honest step to get every piece of information to the underwriter we get responses that we are closing this day & that day (dragging on) they need this, they neeed that. We will close this day again. We are only getting the run around, thats it. If we were not paying our mortgage, late all the time (as I mentioed we have never been late) or bankrupt I am sure it would get taken care of in a snap. We WANT TO PAY our mortgage! We are just asking for a lower interest rate. We qualify for this program & would like to be apart of it. Wells Fargo (our Mortgage holder) should be turned in to the Better Business Bureu due to their lack of sorry business. I said it! This H.A.R.P. thing is a BIG JOKE! My husband & I have qualified for this since it began. I am to the point of aggrevation! We have NEVER! been late or missed a single morgage payment in 9yrs. We have taken every honest step to get every piece of information to the underwriter we get responses that we are closing this day & that day (dragging on) they need this, they neeed that. We will close this day again. We are only getting the run around, thats it. If we were not paying our mortgage, late all the time (as I mentioed we have never been late) or bankrupt I am sure it would get taken care of in a snap. We WANT TO PAY our mortgage! We are just asking for a lower interest rate. We qualify for this program & would like to be apart of it. Wells Fargo (our Mortgage holder) should be turned in to the Better Business Bureu due to their lack of sorry business. I said it!

]]> Comment on Summary of part 2 of “The Homeowner Affordability and Stability Plan” by Donna Cummings http://www.governmentrefinanceassistance.com/government-financing-assistance/summary-of-part-2-of-%e2%80%9cthe-homeowner-affordability-and-stability-plan%e2%80%9d/comment-page-1/#comment-50195 Donna Cummings Wed, 11 Jan 2012 22:28:30 +0000 http://www.governmentrefinanceassistance.com/?p=363#comment-50195 I bought my home when I was working. I am not disabled on a fixed income. My lender, Chase Home Finance, granted me a loan modification when I went in default. They lowered my interest rate to 4% for 2 years. What I didnt know is that my term went from 30 yr to 44 yr. They wont grant me another modification because my daughters name is also on the account. She does not live with me or contribute in any way. She is greatly in debt also. This makes me ineligible for Making Homes Affordable program. Is there any help for someone like me? I bought my home when I was working. I am not disabled on a fixed income. My lender, Chase Home Finance, granted me a loan modification when I went in default. They lowered my interest rate to 4% for 2 years. What I didnt know is that my term went from 30 yr to 44 yr. They wont grant me another modification because my daughters name is also on the account. She does not live with me or contribute in any way. She is greatly in debt also. This makes me ineligible for Making Homes Affordable program. Is there any help for someone like me?

]]> Comment on Major changes to the HARP program announced by Michelle http://www.governmentrefinanceassistance.com/the-homeowner-affordability-and-stability-plan/major-changes-to-the-harp-program-announced/comment-page-1/#comment-48854 Michelle Wed, 28 Dec 2011 20:53:53 +0000 http://www.governmentrefinanceassistance.com/?p=1736#comment-48854 Nicole and Paul, Even though you're both in a conventional loan, it could still possibly be owned by Freddie Mac or Fannie Mae and you wouldn't know it until you looked it up. If you google Freddie Mac or Fannie Mae Loan Lookup, you will find a place to enter in your information to see if your loan is owned by either of them. Nicole and Paul,
Even though you’re both in a conventional loan, it could still possibly be owned by Freddie Mac or Fannie Mae and you wouldn’t know it until you looked it up. If you google Freddie Mac or Fannie Mae Loan Lookup, you will find a place to enter in your information to see if your loan is owned by either of them.

]]> Comment on HARP 2.0 applications to officially begin December 1st by RDRay http://www.governmentrefinanceassistance.com/the-homeowner-affordability-and-stability-plan/harp-2-0-applications-to-officially-begin-december-1st/comment-page-1/#comment-45974 RDRay Fri, 02 Dec 2011 02:15:54 +0000 http://www.governmentrefinanceassistance.com/?p=1780#comment-45974 Why does HARP 2.0 not apply to 2nd mortgages on a home that is underwater? If a unit appraised at $465K prior to the housing bubble now valued at <$200K, with a combined outstanding mortgage of $334K, why can't a mtge company under HARP blend the two rates on the $334K at a reasonable rate and restructure the two loans into one. Under this formula the financier does not lose anything, in fact they gain. Help us understand the "illogic", aside from the willingness to ignore those who continue to pay on what they now deem as undervalued property? Why does HARP 2.0 not apply to 2nd mortgages on a home that is underwater?

If a unit appraised at $465K prior to the housing bubble now valued at <$200K, with a combined outstanding mortgage of $334K, why can't a mtge company under HARP blend the two rates on the $334K at a reasonable rate and restructure the two loans into one. Under this formula the financier does not lose anything, in fact they gain. Help us understand the "illogic", aside from the willingness to ignore those who continue to pay on what they now deem as undervalued property?

]]> Comment on Major changes to the HARP program announced by Missy http://www.governmentrefinanceassistance.com/the-homeowner-affordability-and-stability-plan/major-changes-to-the-harp-program-announced/comment-page-1/#comment-44110 Missy Wed, 09 Nov 2011 21:13:42 +0000 http://www.governmentrefinanceassistance.com/?p=1736#comment-44110 Our Fannie Mae loan secured in Dec. 2007 is with Bank of America and we are about $12K underwater. I contacted them to get a modification and was told BOA cannot help us because we are current with our mortgage payments. I was advised that unless we default there is nothing they can do. They left me a voice mail message saying this just this AM so I would say the supposedly new rules are not in effect yet. Our Fannie Mae loan secured in Dec. 2007 is with Bank of America and we are about $12K underwater. I contacted them to get a modification and was told BOA cannot help us because we are current with our mortgage payments. I was advised that unless we default there is nothing they can do. They left me a voice mail message saying this just this AM so I would say the supposedly new rules are not in effect yet.

]]> Comment on Major changes to the HARP program announced by Nicole http://www.governmentrefinanceassistance.com/the-homeowner-affordability-and-stability-plan/major-changes-to-the-harp-program-announced/comment-page-1/#comment-44104 Nicole Wed, 09 Nov 2011 18:56:42 +0000 http://www.governmentrefinanceassistance.com/?p=1736#comment-44104 I had the same question as Paul Kaminer, posted 11/4/2011, but in addition to his question, no where on my loan docs does it say who my loan is backed by, My mortgage is with CitiMortgage, how do I find out the company that "backed my loan?" I had the same question as Paul Kaminer, posted 11/4/2011, but in addition to his question, no where on my loan docs does it say who my loan is backed by, My mortgage is with CitiMortgage, how do I find out the company that “backed my loan?”

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