A couple of follow up notes on my last blog.
The Mortgage Companies of America (MICA) announced guideline changes that allow up 125 percent loan-to-value ratios for refinancing mortgages that are HARP (Home Affordable Refinance Program) eligible.
This higher LTV should definitely provide assistance to homeowners being crushed by their monthly payment by giving them the opportunity [...]

While local banks are working with the business community and non-profits to provide assistance to home owners and home buyers; Bank of America has decided to make it easier for states and cities to purchase foreclosures in Sandpoint and across the country before investors buy the property.
I have discussed the U.S. Department of Housing [...]