Comments on: ‘Very fragile’ home foreclosure relief deal clears Mich. House, poised for OK in Senate http://michiganmessenger.com/19033/very-fragile-home-foreclosure-relief-deal-clears-mich-house-poised-for-ok-in-senate The Michigan Messenger is a local news site covering politics and policy throughout Michigan. Its team delivers original reporting daily. The Michigan Messenger is published by the nonpartisan and nonprofit group American Independent News Network. Fri, 30 Sep 2011 16:19:00 +0000 hourly 1 http://wordpress.org/?v=3.1 By: michaelahanna http://michiganmessenger.com/19033/very-fragile-home-foreclosure-relief-deal-clears-mich-house-poised-for-ok-in-senate/comment-page-1#comment-6439 michaelahanna Wed, 20 May 2009 15:58:10 +0000 http://michiganmessenger.com/?p=19033#comment-6439 People need help to sort out their finances and understand their options. By staying foreclosures for 90 days, the state is trying to give homeowners the time to contact a government sponsored agency to help them figure out their success options.<br><br>Unfortunately the government has confused and frightened homeowners by directing them to a government agency and their lender while at the same time warning them about loan modification scams. In spite of the government’s actions more homes are being foreclosed now than in the past. This means homeowners are not getting, or acting on the information they need to save their homes. If a government agency or a lender is they only parties to be trusted, and if they were doing a good job there would be more people helped and less foreclosures and less re-defaults after a loan modification. What homeowners need is a streamlined method to get a true loan modification that reduces their mortgage payment by 25% and a reduction of loan principle to current value of the property, so the homeowner has the incentive to stay in their home and live out the “Great Recession.” <a href="http://www.refsloans.com" rel="nofollow">http://www.refsloans.com</a> People need help to sort out their finances and understand their options. By staying foreclosures for 90 days, the state is trying to give homeowners the time to contact a government sponsored agency to help them figure out their success options.

Unfortunately the government has confused and frightened homeowners by directing them to a government agency and their lender while at the same time warning them about loan modification scams. In spite of the government’s actions more homes are being foreclosed now than in the past. This means homeowners are not getting, or acting on the information they need to save their homes. If a government agency or a lender is they only parties to be trusted, and if they were doing a good job there would be more people helped and less foreclosures and less re-defaults after a loan modification. What homeowners need is a streamlined method to get a true loan modification that reduces their mortgage payment by 25% and a reduction of loan principle to current value of the property, so the homeowner has the incentive to stay in their home and live out the “Great Recession.” http://www.refsloans.com

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