At the direction of the Federal Housing Finance Agency Freddie Mac and Fannie Mae are introducing a new foreclosure prevention program called Flex Modification This new program will replace the Home Affordable Mortgage Program (HAMP) which is expiring end Dec. 2016.
The Flex program Flex is expected to provide a 20 percent reduction in mortgage payments for eligible borrowers.
GSEs'(government-sponsored enterprise) servicers must implement the new program by October 1, 2017.
You can learn more about this new foreclosure prevention program here --> http://www.mortgagenewsdaily.com/12152016_foreclosure_prevention.asp
Trust eXp Realty and our team of real estate agents to help you find homes for sale or to sell your current home. We recognize the level of service that the mobile consumer demands. You have information. You have dreams. We possess experience, integrity, and innovation. Together we create leverage to make your dreams a reality.
An evacuation plan is a necessity for every home, especially if you li
"Working with eXp Realty was a pleasure. When we started, we had no idea what we wanted, but our buyer agent helps us figure out the pros and cons of all our options. Our agent went the extra mile willing to put in the extra effort to answer our questions, to make sure we were happy with our decisions, and educated about the market and local area."