KCM Blog

From the daily archives:

Wednesday, October 14, 2009

New, Easier Short Sale; Process soon to be announced

October 14, 2009

Great news! As we have been suggesting would happen, the U.S. Department of the Treasury is launching a new program to help homeowners escape foreclosure.
Share

Read full article →

How well are modifications working?

October 14, 2009

“The Treasury expects ‘millions of foreclosures’ even if the Home Affordable Modification Program (HAMP) is a total success.” – Herbert Allison, US Treasury’s assistant secretary for financial stability
We have to realize that, though the modification programs are helping many families, the number of foreclosures and ’short sales’ will continue to mount. Here are the numbers:
2,484,783 [...]

Read full article →