Northern California Mortgage Mods

Posts Tagged ‘American Public’

Incentives We Have: Motivation We NEED!

Yesterday the Obama Administration released the names of 6 mortgage companies participating in its Making Home Affordable. Today it was announced that the number of American households threatened with losing their homes grew 24%. While the Administration’s plan provides incentives to those involved in a refinance, modification, short sale or deed in lieu, it has to be clear to the American public that the plan is worth little absent a real motivating factor.