A Trial Mortgage Loan Modification Can Damage Your Credit – Know The Facts

Posted by Leigh Brown on Jan 8, 2010 in Real Estate News | 0 comments

Homeowners who are behind on their mortgage payments or struggling to keep them current may be considering a trial loan modification.  President Obama’s mortgage rescue plan is intended to help homeowners avoid foreclosure. The plan reduces monthly payments to no more than 31% of eligible borrowers’ pre-tax income...

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