As President Bush announced the grand plan to help 1.2 Million Homeowners who are facing rate increases from their teaser rates, Leading Rich has dug into the foundation that is making it all happen. The Homeownership Preservation Foundation is a 501(c)(3) nonprofit that is funded by Major US Banks including, Citibank, Countrywide, GMAC ResCap, Merril […]
If you have tried to call 1-800-995-HOPE, then you might have better luck to send a letter via snail mail than getting someone to answer. Leading Rich has been trying to get through to experience what 1.2 million Americans may find on the other end of the line only to find a busy signal. […]
Hold the Presses!!! Your Mortgage rate is going to be frozen.
The White House has finally announced the grand plan to help people who are about to face a reset on their Mortgages. How does this effect you? Details are coming out slowly and we will provide a full detail in future posts […]
The news for DC is hot today as a Bailout plan from the Treasury is in the works. Treasury Secratary Henry Paulson was meeting with top Mortgage Bankers on how to structure current morgage obligations so borrowers could keep their homes and avoid foreclosure. Details have not been provided to the public, but […]
Does the White House have a plan to help millions of people stuck with high rate mortgages? Apparently there is a plan, but it may take several months to flush out. “It’s premature to talk about those discussions at this point,” White House spokesman Scott Stanzel told reporters on Friday.
Full details on this […]
