Mortgage Assistance

How the FHA Partial Claim Option Can Save Homeowners from Foreclosure

If you’re a homeowner facing foreclosure, you may be feeling overwhelmed and unsure of what to do. Fortunately, the Federal Housing Administration (FHA) offers a partial claim option that can help borrowers struggling to repay their mortgages. This program is designed to provide up to 25 percent of the unpaid principal balance on the mortgage, plus interest and escrow advances, directly to the lender in...

How The Hardest Hit Funds Program Can Provide Valuable Assistance For Homeowners Facing Foreclosure

The current state of the housing market has seen a steady rise in foreclosures over the past few years. In order to provide assistance to those affected by this, the federal government has established some programs that can provide much-needed help. One of these is the Hardest Hit Funds program, which is designed to help those with financial difficulty stay in their homes.Overview of The Hardest Hit Funds...

Federal Housing Finance Agencies (FHFA) Program to Avoid Foreclosure

Foreclosure is an issue that affects families, communities, and economic growth. The Federal Housing Finance Agencies (FHFA) offer programs to help struggling borrowers prevent foreclosure by offering mortgage relief and refinancing. In this article, we’ll be discussing how the FHFA program works and what borrowers need to qualify for the program and the assistance that can be offered.IntroductionThe...

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