Great Refi News!!

This just in--Mel Watt has announced a potentially wonderful gift to everyone teetering on the edge with their existing home financing. Both the HARP and HAMP programs have been extended for another year! This may be the desperately needed key to saving the homes of many folks who need a reduction in their monthly mortgage nut. Details are scheduled to come soon and when I get them, I'll of course pass along the info. Meanwhile, you can check with your local mortgage lender and see if they have the details yet, or keep your eyes and ears peeled for announcements in the media. As always, Good Luck.

Possible Benefit for Service Members

Senator Whitehouse of Rhode Island just announced he's written a bill to permanently extend foreclosure protection for all service members. The bill, if it becomes law, would extend the existing law protecting service members on active duty from foreclosure. It would eliminate the expiration date of the existing law, and extend its protection permanently. If you have any questions, contact the Senator's office. If you are an active duty service member and want to support the bill on its way through Congress, call or write your Congressman/woman AND both Senators. I say both as each state has two Senators. For all of our service people, passage of this bill is the least we can do to recognize the travails they all face in our defense.