Comments on: FHA Hope For Homeowners Program – How It Works For Arizona Homeowners

By: ginny

ginny — Fri, 31 Oct 2008 12:37:48 +0000

We are Military going through a divorce and I want to keep the home but have 3 loans on it. 80% of the loan is wells fargo 20% is first usa and the pool loan is Greentree financial. and we owe 245K and one home down the street was same model with pool that was in short sale for 145K and that was 4 mos. ago. Will this program work for me? I need help asap on this.

By: FHA Secure Mortgage -- Information Related To The New FHA Secure Mortgage Program

Mon, 27 Oct 2008 03:54:18 +0000

[...] for Homeowners loan. And more and more people are contacting me asking about the newly-announced FHA Hope for Homeowners program and how to qualify, what will work and won’t work with the gui…, [...]

By: FHA Hope for Homeowners Program, Is It Real? : Arizona Mortgage Team :: Arizona. Mortgage. Experts.

Mon, 27 Oct 2008 03:48:13 +0000

[...] and more people are contacting us asking about the newly-announced FHA Hope for Homeowners program and how to qualify, what will work and won’t work with the gui…, [...]

By: Barbara

Barbara — Wed, 15 Oct 2008 20:33:17 +0000

So then how would this appear on your credit – wouldn’t the short sale reflect badly – or is the thinking – “who cares I still have my home”?

By: Arizona Mortgage Team Podcast On PhoenixHousingBlog.com : Arizona Mortgage Team :: Arizona. Mortgage. Experts.

Sun, 12 Oct 2008 11:50:26 +0000

[...] The FHA Hope For Homeowners program [...]

By: Arizona Mortgage Team - Justin and Tammy McHood | Phoenix Arizona Real Estate Blog

Sun, 12 Oct 2008 07:49:19 +0000

[...] on buyers overall and the slowdown on the market. Justin also gave us some insight on the FHA Hope For Homeowners program, that can help buyers that are struggling with their mortgages and being upside down on their [...]

By: Roger

Roger — Thu, 09 Oct 2008 14:15:14 +0000

Hope for homeowners sounds cool but you hit the nail on the head with the voluntary stuff. I called GMAC and got three answers from : that legislation hasnt passed yet to we have other programs and we havent heard from the government yet.

It wasnt well scripted so I advised that they write up a better one.

Basically GMAC is not participating.

By: Michael Krotchie

Michael Krotchie — Wed, 08 Oct 2008 23:04:11 +0000

Hi Tammy,

Have you heard details on if the owner participates in this program and then ends up selling at a loss? The fact sheets on the HUD website only say that no proceeds will be “shared” between HUD and the owner, but what happens if there is a negative equity position.

Furthermore, what’s to prevent people who participate in this program to immediately resell their property and get out of a foreclosure?

– Michael

By: Arizona Mortgage Updates and Reports | Phoenix Arizona Real Estate Blog

Arizona Mortgage Updates and Reports | Phoenix Arizona Real Estate Blog — Wed, 08 Oct 2008 06:22:10 +0000

[...] job of explaining some of the basics. Because Brian doesn’t do FHA loans in Arizona, we have again covered some of the same information that applies to Arizona homeowners on out [...]

By: Peter Andrew

Peter Andrew — Mon, 06 Oct 2008 09:06:48 +0000

Thanks for the Information

http://www.easyfha.net/