Chase HAMP Rejection Letter

Well I should have seen it coming, but I’m not beating myself up about it.  I’ve been trying to avoid foreclosure.  Last January I started the President Obama’s Making Home Affordable application.  My mortgage loan credit problem was getting the better of me, and my family.  When I applied for the MHA program I had [...]

Finances On The Decline, Hope Rising!

By Anne One of my favorite sayings is this – when you’ve got lemons, make lemonaide! Boy have I got lemons! So this blog is my lemonaide. I hope that I will find hope, and share hope with people facing financial crisis. This credit hope blog is my lemonaide. It’s tart, it’s sour, but with [...]

HAMP Loan Modification Guidelines – Secrets and Shortcuts

If you’ve been going through the absolutely frustrating process of a loan modification and just can’t get the numbers to work out, you’ve probably wondered what the formulas mean.  Below I’ve published (with permission) an article from the articlebase website.  I found this interesting because it addresses the particulars of the formula used by lenders.  [...]