Comments on: The House Approves Massive Housing Bill – But Will it Help You?

By: Michael Rainey

Michael Rainey — Thu, 19 Feb 2009 21:48:58 +0000

If my neighbor home and my home morgage is 300,00.00 and I do not qualify, but he does, who receives the less amount if he sells his home after he receives help?

By: Counselor

Counselor — Tue, 29 Jul 2008 15:21:39 +0000

Hi Carrie, Im a Housing Counselor and I can tell you this has been around for a while now and is also called a “short refi” but I dont know of anyone who has sucessfully gotten one.

And, Im with Moe on this “rescue” same ol same ol. This will help only a fraction of people who are struggling.

By: Final Housing Bill Passes House, Bush to Sign into Law - Page 2 - Home Loan Forum - Loan Safe

Sat, 26 Jul 2008 14:51:41 +0000

[...] Final Housing Bill Passes House, Bush to Sign into Law The House Approves Massive Housing Bill – But Will it Help You? | Loan Modification & Home Loan … By Moe Bedard The House approved a massive plan Wednesday to try and put the brakes on the [...]

By: Carrie

Carrie — Fri, 25 Jul 2008 19:03:23 +0000

Moe or anyone,,,,

Is this what is being called the ‘short fall’ for homeowners?

Or have you heard of anything like that?

My neighbor asked me to find out if the “gov’t” is passing a ‘short fall’ loan. Meaning that a primary residence, owner occupied property can be refinanced at the current market value at 80% LTV and the difference is considered a loss (like in a short sale) but the owner is not penalized and can save their home.

Thanks.