August 8th, 2008
The New Mortgage Plan Who Qualifies?
The rate of foreclosures is at an all-time high and the real estate market is suffering as a result. As the market drops and a recession looms, mortgages and foreclosures are on the lips of anyone talking about the financial future of the county.
President Bush and Treasury Secretary Henry Paulson has announced their plans to help reduce the number of foreclosures and assist troubled homeowners nationwide. However, your next questions should be what does this new plan entail and can I qualify?