Northern California Mortgage Mods

Bankruptcy changes out of stimulus package

Word from Capitol Hill is that bills enabling mortgage modification will not be included in the stimulus package on the fast track for passage by mid February.

Supporters are looking to either bring the bill to the floor as a free standing bill or to attach it to other legislation.

Personally, this is a huge disappointment as each day sees homes lost to foreclosure that might otherwise be saved.

Make yourself heard on the importance of prompt passage of this legislation by finding contact info for your representatives at SaveHomesWithBankruptcy.com. There’s a sample letter to get you started.

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