2.9 Million Families in the US received Foreclosure Notices in 2010
Thousands of families lost their homes and millions are still facing foreclosures on their homes. With loss of jobs, higher mortgage payments, upside down properties, its very difficult for homeowners to stay up to date with everything.
NOTE: At times, homeowners facing foreclosure are denied by their banks for modifications or any help. They lose hope and decide not to act. But, You Can Still Get Help Even If Your Bank Denied You or Declined To Help.
The Obama HAFA (Home Affordable Foreclosure Alternatives) offers help to borrowers that are behind and facing foreclosure on their home.
$75 Billion Aid has been made available to homeowners that are at the verge of losing thier homes but want to keep them by getting their loans modified. The plan helps affected families by offering them lower mortgage payments & affordable terms to keep them current on their monthly payments.
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