Effective Friday January 16th HUD released new guidelines for their mortgage assistance programs. Effective immediately homewoners will no longer need to be behind on their payments to seek mortgage assistance. If a homeowner can document a hardship, mortgage servicers will review their files prior to the homeowner being delinquent. Below is a link to an article outlining the changes.
http://www.dsnews.com/articles/fha-to-provide-early-relief-struggling-homeowners-2010-01-22
Are you experiencing financial difficulties and looking for advice on the options available to you? Contact me today, I am personally committed to helping 100 Maryland homeowners prevent foreclosure in 2010.
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