If you’re behind on your mortgage payments, or worried about how you’ll make the next one, join the 1.5 million+ families who received mortgage restructure.
Half a million troubled homeowners have seen their loan payments lowered under the Making Home Affordable program.
Unaffordable mortgages are now being modified at a pace faster than homes are being sold in foreclosure proceedings.
Half a million families are participating in loan modifications that are substantially decreasing their housing costs.
Roughly 40 percent of the 1.2 million homeowners deemed eligible for loan modifications under the Making Home Affordable Program have received them.
Many homeowners continue to complain that seeking loan modifications can be frustrating and seemingly futile:
Unacceptably large numbers of families across the country are still at
risk of losing homes they could otherwise afford to stay in.
The MHA program was advanced with the promise that it would eventually spare up to four million households from foreclosure.
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