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Originally Posted by ccsint  From reading the Treasury fact sheet, companies that are participating in the Obama modification plans will be forced to also participate in the 2nd mortgage and Hope for Homeowner plans. |
That was my understanding also from reading, but now I'm left wondering if being forced to deal with that second will now make some lenders shy away from voluntarily participating at all. I sure hope not. I getting ready to go round 2 with Aurora. I don't have a Fannie/Freddie loan but praying they voluntarily participate. They did just recently sign on with Hope Now a few weeks ago and I'm hoping this is a good sign.
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