Cash is King – Upside Down Mortgage Solutions

December 14, 2009

Negative Equity Mortgage – HAMP Program


Negative Equity Mortgage Solutions – HAMP Program

Shellie Hatfield and I go into great detail on how to properly handle a Negative Equtiy Mortgage using the HAMP program.  We cover the criteria in great detail and even dive in to the Streamline refi program.

HAMP program visite by On The Money Radio Show.

TG-421: Obama administration Kicks off Mortgage Modification …

November 30, 2009. TG-421. Obama administration Kicks off Mortgage Modification Conversion Drive. WASHINGTON – The U.S. Department of the Treasury and Department of Housing and Urban Development (HUD) today kick off a nationwide …

Obama Administration To Admit Failure Of Mortgage Modification …

Throwing good after bad is not a practice that generates long term success and prosperity. In fact, the unintended consequences and costs of dysfunctional.

Status of Efforts
• 63 servicers had signed participation agreements for the first-lien modification program;
• More than 1.3 million solicitation letters for HAMP loan modifications to borrowers;
• More than 328,000 HAMP trial modification offers to borrowers;
• More than 209,000 HAMP trial modifications had started;

. . . and of the 209,000 mortgage modifications (.3% of total homeowners) started in the country, how are we doing?

  • 1,080 borrowers had successfully completed the trial period and received HAMP modifications.


HAMP – Another Federal Foreclosure Bailout Plan In 2009, the Congress and the Obama administration revealed their newest plan to help families save their homes from foreclosure by encouraging mortgage modifications. This plan, called the Home Affordable Modification Program (HAMP) was designed to create broad guidelines for the mortgage industry on modifying loans, as well as provide incentives to lenders and servicers to offer modifications. … hamp “foreclosure bailout plan” …
Hope you enjoyed and Please be sure to follow us on this site and ask us questions in the comments section below.



  1. […] previous year Obama administration had launched a refinance program called the Home Affordable Refinance Program (HARP), to help underwater homeowners refinance their mortgage. This program lets homeowners breathe free […]

    Pingback by FHA Underwater Refinancing – Short Refinance Program | Mortgage Refinance Closing Costs — September 14, 2010 @ 11:39 am | Reply

  2. Hello,

    I just wanted to know If it’s OK with you if I mention your site from my websites? Please let me know. Thank you for your time.



    Comment by BM — November 18, 2010 @ 7:05 pm | Reply

  3. my market value went to 210000 to 1250000 because of the recession

    Comment by anthony walker — January 12, 2011 @ 4:12 pm | Reply

  4. Who would I contact to be able to get rid of my second (HELOC)…I am upside down 166.000 and trying to work with NACA on the first…

    Comment by Joan — June 13, 2011 @ 6:09 pm | Reply

  5. I have been working with BB&T for 9 months, I went on disability for a debilitating illness in Dec 2009, I kept up with my payments by selling anything I had of value, I recently found out wells fargo owns my loan, though I have no proof, I know it’s in the best interest of the servicer not to modify my loan, After 60 or more hours of research I still have no concrete answers. Every site seems to conflict with the other, I recently contacted whom I believe to be a Hud representative and now I’m not sure, she asked me how much I could get for my car! How does anyone living in a rural area live without a car? Anyway I recieve eleven hundred in disability, my house pymts are 750.00, other than medical bills I have 800.00 in debt, why can’t I get a loan mod?, also since learning all this I stopped making house pymts two months ago, they started adding so many fees I figured I was throwing good money after bad, would someone please tell me when they file foreclosure in the state of NC how long do you have to get out? despite my best efforts I have never been given a straight answer!
    Sincerely, Tina….P.S. I have 25.000 in equity and owe 70.000

    Comment by Tina Anderson — December 16, 2011 @ 12:00 am | Reply

  6. Seeking to attain a Home Refinance Loan without actual reason is without a doubt, a wasted effort on any homeowners behalf. Yet, on the other hand, if there are definitive grounds and specific circumstances calling for a home refinance loan pursuit then it’s wise to go head and motion for a mortgage refinancing, as soon as you can.Home Refinance Loan

    Comment by knowabouthomepurchaseloan — December 19, 2011 @ 12:19 pm | Reply

  7. […] Edublog AwardsN2Growth BlogJonathan Farrington's BlogLift07 en françaisThe NFL Jersey netCash is King – Upside Down Mortgage Solutions […]

    Pingback by » Awards may tell if bad economy again gives innovation a real lift — April 7, 2012 @ 8:45 pm | Reply

  8. Nice blog here! Also your website loads up fast!
    What host are you using? Can I get your affiliate link to your host?
    I wish my web site loaded up as fast as yours

    Comment by short term pay day loan — January 15, 2013 @ 9:49 pm | Reply

  9. It’ll just take you a few seconds to tell them how you did it and it doesn’t take a lot longer than that to actually make the
    book shelf. Develop new unconscious habits that are consistent with the goals you want to achieve, and give you some tools you can use to
    immediately increase your sales. You are conscious about your
    health since you want to look good and want to keep a fit appearance.

    Comment by — January 19, 2013 @ 4:36 am | Reply

  10. I’ve been exploring for a little for any high quality articles or weblog posts on this kind of area . Exploring in Yahoo I finally stumbled upon this web site. Reading this information So i’m happy to convey that I have an incredibly just right uncanny feeling I discovered exactly
    what I needed. I most indubitably will make sure to don?

    t forget this site and give it a look on a continuing basis.

    Comment by best loan in UK — February 25, 2013 @ 11:00 pm | Reply

  11. I take pleasure in, cause I discovered exactly what I was taking a look for.
    You have ended my 4 day lengthy hunt! God Bless you man.
    Have a great day. Bye

    Comment by Led garden lights — March 24, 2013 @ 4:58 am | Reply

  12. Amazing goods from you, man. I’ve understand your stuff previous to and you are just extremely Magnificent. I actually like what you’ve acquired here, really like what you’re saying and the way in which you say it. You make it entertaining and you still take care of to keep it sensible. I cant wait to read far more from you. This is really a terrific website.

    Comment by best loan deal — April 4, 2013 @ 8:40 am | Reply

  13. This site was… how do you say it? Relevant!!
    Finally I’ve found something which helped me. Thanks!

    Comment by Best Loan Deals Uk — April 10, 2013 @ 4:21 am | Reply

  14. Stunning tale there. What occurred after?

    Good luck!

    Comment by best unsecured loans — April 18, 2013 @ 3:33 am | Reply

  15. This is my first time go to see at here and i am truly happy to read everthing at alone place.

    Comment by best small loans — April 18, 2013 @ 10:35 am | Reply

  16. The last time I came across a website this delightful it cost me my lady i’m almost positive, I was on it that often.

    Comment by — April 20, 2013 @ 2:43 am | Reply

  17. Good blog you have here.. It’s hard to find quality writing like yours these days. I seriously appreciate individuals like you! Take care!!

    Comment by Josefina — April 20, 2013 @ 8:35 am | Reply

  18. I don’t know if it’s just me or if everyone else encountering problems
    with your site. It looks like some of the content on your content are
    running off the screen. Can someone else please provide feedback and
    let me know if this is happening to them as well? This could be a issue with my internet browser because I’ve had this happen previously. Many thanks

    Comment by Wendi — April 22, 2013 @ 6:00 am | Reply

  19. I like the valuable info you provide in your articles.
    I’ll bookmark your web-site and check again here frequently. I am quite sure I will learn a lot of new stuff right here! Best of luck for the next!

    Comment by best deals on loans — April 23, 2013 @ 7:33 pm | Reply

  20. Nice post. I used to be constantly checking this web-site and I’m impressed! Very helpful information specifically the remaining part 🙂 I care for such info much. I used to be looking for this particular information for a very lengthy time. Thank you and good luck.

    Comment by Harold — April 24, 2013 @ 1:14 pm | Reply

  21. Link exchange is nothing else except it is just placing the other person’s web-site link on your page at proper place and other person will also do same in favour of you.

    Comment by — April 25, 2013 @ 3:12 am | Reply

  22. This entry will help the users with setting up new blog or even a blog from start to end.

    Comment by best loans deals — April 27, 2013 @ 7:50 pm | Reply

  23. I’ve been browsing online more than 4 hours today, yet I never found any interesting article like yours. It is pretty worth enough for me. In my opinion, if all site owners and bloggers made good content as you did, the internet will be a lot more useful than ever before.

    Comment by best homeowner loans — April 29, 2013 @ 1:55 pm | Reply

  24. Hey! I know this is kind of off topic but I was wondering if
    you knew where I could get a captcha plugin for my comment form?
    I’m using the same blog platform as yours and I’m having problems finding
    one? Thanks a lot!

    Comment by best rate loans — April 29, 2013 @ 5:34 pm | Reply

  25. Asking questions are truly core thing if you are not understanding
    anything fully, but this editorial gives crucial understanding even.

    Comment by best value Loans — April 30, 2013 @ 11:23 am | Reply

  26. Wow that was odd. I just wrote an incredibly long comment but after I clicked
    submit my comment didn’t appear. Grrrr… well I’m not writing all that over again.

    Anyways, just wanted to say fantastic blog!

    Comment by — April 30, 2013 @ 12:51 pm | Reply

  27. Do not fink I get this 2 b purfectly honest.
    Myt av to look other place to get it.

    Comment by Art — May 3, 2013 @ 11:31 pm | Reply

  28. Excellent blog right here! Also your website actually loads up
    quickly! What web host are you with? Can I get the url to your host?
    I desire my website loaded up as quickly as yours lol

    Comment by best bank loan — May 4, 2013 @ 9:55 pm | Reply

  29. It is not my first time to pay a visit this
    web page, i am visiting this website dailly and take good information from here all the time.

    Comment by Personal loans — May 6, 2013 @ 12:41 pm | Reply

  30. Have you ever considered publishing an ebook or guest authoring on
    other websites? I have a blog based upon on the same topics
    you discuss and would love to have you share some stories/information.
    I know my audience would value your work. If you’re even remotely interested, feel free to send me an e mail.

    Comment by best uk loans — May 6, 2013 @ 3:16 pm | Reply

  31. Hey there! This is my first comment here so I just wanted to give a quick shout out and tell you I genuinely enjoy reading through your posts.
    Can you recommend any other blogs/websites/forums that cover the same
    subjects? Many thanks!

    Comment by Joanna — May 8, 2013 @ 2:01 am | Reply

  32. This is really interesting, You’re a very skilled blogger. I have joined your rss feed and look forward to seeking more of your great post. Also, I’ve
    shared your site in my social networks!

    Comment by Http://pcarworkshop.Com/ — May 8, 2013 @ 11:43 am | Reply

  33. There’s usually a new setback right around the next corner. Never done huh!

    Comment by best payday loans — May 11, 2013 @ 4:09 am | Reply

  34. For some strange reason I nearly had a female moment at a dog that died
    near the end of futurama. Now to find a man movie to make amends for my mistake.

    Comment by best deals on loans — May 11, 2013 @ 4:51 am | Reply

  35. Yeah, Will do – I’ll add them next weekend, when I’ve got a few hours free.

    Comment by best deal on loans — May 11, 2013 @ 12:16 pm | Reply

  36. Will do – I’ll get them on next week, when I get a bit of spare time.

    Comment by best payday loans uk — May 13, 2013 @ 1:22 pm | Reply

  37. We are a group of volunteers and opening
    a brand new scheme in our community. Your
    web site provided us with useful information to work on.

    You have performed an impressive job and our
    whole community will probably be thankful to you.

    Comment by free immigration advice uk — May 13, 2013 @ 3:37 pm | Reply

  38. Howdy! I know this is kinda off topic nevertheless I’d figured I’d ask.
    Would you be interested in exchanging links or maybe guest writing
    a blog post or vice-versa? My blog addresses a
    lot of the same topics as yours and I think we could greatly benefit from each other.
    If you are interested feel free to shoot me an email. I look forward to hearing from
    you! Terrific blog by the way!

    Comment by cheap diamond Rings for women — May 18, 2013 @ 11:31 pm | Reply

  39. Nice respond in return of this question with solid arguments and describing all
    on the topic of that.

    Comment by home pest Control tips — May 19, 2013 @ 5:48 pm | Reply

  40. I visit day-to-day some sites and sites to read posts,
    except this weblog gives feature based articles.

    Comment by 19 inch lcd tv with dvd player — May 20, 2013 @ 1:53 am | Reply

  41. An impressive share! I have just forwarded this
    onto a co-worker who has been conducting a little research
    on this. And he in fact bought me dinner because I discovered it for him.
    .. lol. So allow me to reword this…. Thank YOU for the meal!
    ! But yeah, thanks for spending time to discuss this topic here on your internet site.

    Comment by how to build a website from scratch for dummies — May 21, 2013 @ 6:09 am | Reply

  42. Until someone mentioned this to me I hadn’t even realized it possible. Looks as though I’m way behind on the matter.


    Comment by Christi — May 22, 2013 @ 11:06 pm | Reply

  43. I’m going to be posting my own version of this as soon as I’ve
    looked into it more closely. Right now I’m not certain about this.

    Comment by best loans for bad credit — June 5, 2013 @ 9:01 pm | Reply

  44. So much for trying this myself, I won’t be able to manage it. I’ll just learn about it instead.

    Comment by unsecured Loans — June 6, 2013 @ 12:33 am | Reply

  45. beer time is getting closer !!!. If I can just read all this blogpost in the next few minutes I’ll be able to relax and have fun.

    Comment by Carlton — June 8, 2013 @ 12:51 pm | Reply

  46. Why people still make use of to read news papers when in this technological
    globe everything is available on web?

    Comment by bob's discount furniture online — July 4, 2013 @ 2:12 pm | Reply

  47. In the short term federal loan consolidation versus the average federal loan consolidation depends on the lender.
    Do your research works properly before approaching a lender.
    Isuzu Motors Ltd this year rolled out its own seven-year loan.
    The new refinancing company will decide the new interest rate according to the Consumer Bankers
    Association, you have to pay a loan. Buying a second hand car financed.

    There are a large number of people who will be decided.
    If aiming to boost credit rating after a major
    credit hiccup is possible.

    Comment by anchor — July 17, 2013 @ 6:20 pm | Reply

  48. After looking into a few of the blog posts on your site, I honestly like your way of writing a blog.
    I saved as a favorite it to my bookmark webpage list and will be checking
    back soon. Take a look at my website too and let me know how you feel.

    Comment by staples coupon printable — February 9, 2014 @ 12:21 am | Reply

  49. Skype has established its internet-based consumer beta
    towards the entire world, following launching it largely inside the Usa
    and U.K. previously this four weeks. Skype for Online also now works
    with Chromebook and Linux for immediate online messaging interaction (no video and voice nevertheless,
    these call for a plug-in set up).

    The expansion of the beta brings assistance for a longer selection of spoken languages to help bolster that worldwide usability

    Comment by Alda — July 9, 2017 @ 1:16 pm | Reply

RSS feed for comments on this post. TrackBack URI

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Create a free website or blog at

%d bloggers like this: