Comments on: Homeowner Affordability and Stability Plan – The Federal Bailout for Homeowners http://www.refinance.net/2009/homeowner-affordability-and-stability-plan-the-federal-bailout-for-homeowners/ Mortgage, Refinancing and Home Loan News Tue, 11 Aug 2009 18:32:16 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Katherine Sanford http://www.refinance.net/2009/homeowner-affordability-and-stability-plan-the-federal-bailout-for-homeowners/comment-page-1/#comment-371 Katherine Sanford Tue, 11 Aug 2009 18:32:16 +0000 http://www.refinance.net/?p=177#comment-371 I called Bank of America for a loan modification and was transfered to the refinance dept. After I was denied a refinance at a lower rate I was transfered back to modifications. After gathering all my information I was told that BOA would not modify my loan because my debt to income ratio was too high. When I asked what I could do to help the situation the agent told me to sell my home and pay off my debts! I called Bank of America for a loan modification and was transfered to the refinance dept. After I was denied a refinance at a lower rate I was transfered back to modifications. After gathering all my information I was told that BOA would not modify my loan because my debt to income ratio was too high. When I asked what I could do to help the situation the agent told me to sell my home and pay off my debts!

]]> By: dar j http://www.refinance.net/2009/homeowner-affordability-and-stability-plan-the-federal-bailout-for-homeowners/comment-page-1/#comment-323 dar j Sat, 18 Apr 2009 02:00:53 +0000 http://www.refinance.net/?p=177#comment-323 will the affordability and stability plan help someone (elderly) who has a primary residence, current on payments, but a home equity line of credit on a second residence (mobile home) that a disabled son lives in? can this person refinance under this plan at lower rates, or file chapter 13 and keep both homes? will the affordability and stability plan help someone (elderly) who has a primary residence, current on payments, but a home equity line of credit on a second residence (mobile home) that a disabled son lives in? can this person refinance under this plan at lower rates, or file chapter 13 and keep both homes?

]]> By: bill weeks http://www.refinance.net/2009/homeowner-affordability-and-stability-plan-the-federal-bailout-for-homeowners/comment-page-1/#comment-296 bill weeks Sun, 22 Mar 2009 17:49:12 +0000 http://www.refinance.net/?p=177#comment-296 The banks are crooks!! They won't help you unless you miss payments. Responsible homeowners are being forced to miss payments so they can refinance to a more affordable loan. Why? Because their jobs have been lost, cut, reduced and they travel further to get work with less pay. This is not the American Dream, the American Con!! Home Ownership is a scam if you don't pay the whole amount of the home with cash. Bill Weeks The banks are crooks!! They won’t help you unless you miss payments. Responsible homeowners are being forced to miss payments so they can refinance to a more affordable loan. Why? Because their jobs have been lost, cut, reduced and they travel further to get work with less pay.

This is not the American Dream, the American Con!! Home Ownership is a scam if you don’t pay the whole amount of the home with cash.

Bill Weeks

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