Hamp - Loans, Debt & Credit

Join the Forum
Please join 28,000 members in the discussion boards

Wells Fargo Signs Home Affordable Second-Lien Modification Program...

		Loans, Debt & Credit > FREE Help Online > Stop Foreclosure and Tell Us Your Story > Making Home Affordable
Hamp

Connect with Facebook

Featured

Making Home Affordable In March 2009, the Obama Administration published detailed program guidelines for the Making Home Affordable (MHA) Program. Many mortgage servicers have begun loan modifications under the plan. But it looks like many homeowners may not be getting the help the they were promised and some are simply getting rail roaded. This forum is designed to discuss these issues with the MHA ands share with others your experience. This forum provides general guidelines and overview documents available to homeowners as well as an open discussion area to ask other homeowners about the loan modification process.

This is a discussion on Hamp within the Making Home Affordable forums, part of the Stop Foreclosure and Tell Us Your Story category; My cousin is currently divorcing her husband therefore causing a loss of income, since the loan is in both names, ...

LinkBack

Thread Tools

Display Modes

11-16-2009, 01:24 PM	#1 (permalink)
fustratedwsuntrust Member Join Date: Sep 2009 Posts: 12 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Hamp My cousin is currently divorcing her husband therefore causing a loss of income, since the loan is in both names, would she still qualify for hamp? Will the bank use his income because he is on the loan? He is no longer living with her and he is not required to pay alimony because she makes more money then him. Losing his income puts her Debt-to-Income at 52% instead of less than 31% when they were living together. Does anyone know?

Sponsored Links

« Previous Thread | Next Thread »

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is On Trackbacks are On Pingbacks are On Refbacks are On Forum Rules

All times are GMT -7. The time now is 10:15 AM.