https://www.governmentrefinanceassistance.com/the-homeowner-affordability-and-stability-plan/harp-2-0-guidelines/ Information and Updates on Government Mortgage Programs Thu, 30 May 2013 19:43:07 +0000 hourly 1 https://wordpress.org/?v=6.2.2 https://www.governmentrefinanceassistance.com/the-homeowner-affordability-and-stability-plan/harp-2-0-guidelines/#comment-99861 Thu, 30 May 2013 19:43:07 +0000 http://www.governmentrefinanceassistance.com/?p=1760#comment-99861 When will the government start helping out homeowners who are not Freddie Mac or Fannie Mae, but with some other mortgage company? All I ever see is help for everyone else, but not for those of use not lucky enough to have a Freddie or Fannie mortgage. I’m underwater and yet I keep making my outrageous payments at the expense of other bills. When do I get help?

]]> https://www.governmentrefinanceassistance.com/the-homeowner-affordability-and-stability-plan/harp-2-0-guidelines/#comment-62430 Fri, 18 May 2012 14:59:35 +0000 http://www.governmentrefinanceassistance.com/?p=1760#comment-62430 I currently have a Hybrid loan (ARM) that was recommended to us by our Financial planner. This was a predatory loan. At the time of this loan we were told that this loan was a fixed rate mortgage and that was not true. It was fixed for ten years and than the mortgage converts to an ARM for the remaining 20 years. The terms of this loan was not clear or easily found in the mortgage papers. Our financial planner said that we would save about 400.00/mo that we should use to build up our retirement savings. They also recommended investing in their company, which we did. Before transferring to my employers based 401K we never seen any growth at all. When the market crashed in 2008-09 we lost nearly all of it. We’ve been taken advantage of, but I know it’s our fault, as well, for believing everything we were told. Some how I thought nobody would deliberately ruin a family for profit. Well we learned the hard way.

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