Mortgage Help But Not For Me

[+ Lucky]

So once again those who play by the rules suffer while those who don't gain.

 

"Bank of America Corp. said Wednesday it agreed to forgive a portion of the mortgage balances for some of its most troubled borrowers. The homeowners must have missed at least two months of mortgage payments and owe at least 20 percent more than their home is currently worth. Bank of America estimates that about 45,000 customers will qualify for the relief."

 

You can be under water, as many homes here are, but if you are responsible enough to make your loan payments, then no help for you- just for the guy who hasn't paid.

 

So, start skipping payments and the banks will rush to your aid.

[Guest greatness]

Aww

 

Lucky at least you are a good citizen everybody should follow.

 

Here is an award for your honor~~

 

http://www.andersonsmz.com/images/F3070.jpg

[instudiocity]

Well, Obama's HAMP-Home Affordable Mortgage Program, requires you to be current on your payments and have credit card payments in excess of 32% of takehome pay to get a loan modification with lowered payments.

 

Make your mortgage payments first then the unsecured credit cards.