Helping Families Save Their Homes Act of 2009

By
Services for Real Estate Pros - Rent-to-Own, Real Estate Coach, Credit Restoration
Underwater real estate market may be modified or “crammed down”. This new legislation will allow Bankruptcy Judges the discretion to modify the mortgage principal balances on primary residences.
RECENT BLOG POSTS
The United States is on the verge of witnessing the largest bankruptcy filings in recorded history. One of the reasons is due to the new Mortgage Restructuring Bill (now named The Helping Families Save Their Homes Act of 2009) passed by the House of Representatives on Thursday, March 5, 2009 with...
03/09/2009
Not Just February 14th Cut out 365 pink, red and white hearts from copy paper. Set out on the daunting yet loving task of placing a special message on each one (Examples) . . . Some scripture notes from the Bible to give encouragement or verses that are special. Some date notes: movie of your cho...
02/08/2009
Against all odds, Barack Obama persuaded a majority of Americans to believe in their own better natures and, by electing him President, the people helped make it true.  We've just elected this country's first Black President, Barack Obama--a leader who will work to serve all Americans. It's a pro...
11/06/2008
If you're looking to take advantage of lower home prices and historically low interest rates, credit is still widely available for borrowers who qualify. Qualifying for mortgages today simply means being prepared to provide documentation that supports your application. If you do have credit issue...
10/06/2008
September was a historic month in the financial markets. What started a year earlier as the subprime mortgage collapse had morphed into the perfect financial storm that wiped out some of the biggest financial firms on Wall Street. There was a general and genuine concern that the financial system ...
10/06/2008
"Job creation" is always a winning political phrase, but it's especially powerful in tough times like these. And though the campaigns may vary on strategy, one thing is clear in the U.S. and around the world: green jobs are booming. A new study predicts 4.2 million domestics jobs in renewable ene...
10/06/2008
2 Comments
They told us everything was going to be OK. They told us the finance industry was still healthy. And they told us that the equity markets were just fine and dandy... that our 401Ks were safe... and that we shouldn't be worried about keeping our money in the banks. At best, they were stupid. At wo...
09/18/2008
BAIL OUT, BAIL OUT . . . The government is expected to take over Fannie Mae and Freddie Mac in a monumental move designed to protect the mortgage market from the failure of the two companies, which together hold or guarantee half of the nation's mortgage debt. Freddie and Fannie are private compa...
09/07/2008
John McCain puts Country First with his choice for VP??? It terrifies us!!! He must think American's have the collective IQ of a squirrel Exactly WHAT qualifies her to run the United States of America? She is one heart beat away from being President if McCain becomes President with all his medica...
09/01/2008
A dear friend, Lloyd Wynn, wrote an article for the Black Commentator that I'd like to share with the community. My comment is this kind of information is not always shared "front and center" in media coverage. How will the financial market navigate going forward?   The stone, hard, cold reality ...
08/13/2008
Rainer
6,852

Rita and Ferris Browner

Certified Bankruptcy Preparer/Legal Assistant
Ask me a question
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the computer to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information