Arizona Home Talk

Obama’s “Making Home Affordable” - which banks are participating?

Loans with Fannie and Freddie MUST participate in this program. All other banks can voluntarily participate. I’m working on getting a complete list - but most banks are since they need to participate in order to get federal financial help. Chase bank is participating. Don’t know what type of loan you have? Find [...]

Help for homeowners who “played by the rules”

Have you been responsible? Yea, me too. There is new help effective March 4th, 2009 for those of us that have paid their mortgage each month, didn’t speculate and buy a bunch of properties, and still manage to be “underwater” - owe more on your mortgage than what your home is worth. [...]