Bookmark this site
Allison Rinehart’s best hope for saving her home isn’t the massive federal effort to stem foreclosures.
She’s been denied, possibly in error, for that plan so she’s banking on an alternative mortgage modification to keep her Charlotte townhouse.
“This is the only thing my daughter and I have,” said Rinehart, who is 45. “I am a single parent, no child support, working as many jobs as I can take on.”
The taxpayer-funded Home Affordable Modification Program, or HAMP, is the centerpiece of the nation’s foreclosure prevention effort. But it doesn’t work for many people.
Read more: http://www.charlotteobserver.com/2010/06/12/1495416/options-unclear.html#ixzz0qpl6OwPM
