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More Window Dressing: New Project Lifeline Initiative Will Help Very Few
A new government initiative called Project Lifeline was announced this week. It is supposed to put foreclosures on hold for 30 days while lenders look for ways to make the mortgages more affordable. For most people this will be a useless program that will only create false hopes. There are several reasons why.
More Window Dressing: New Project Lifeline Initiative Will Help Very Few
/in Foreclosure & Loan Mod Blog /by Scott LaninA new government initiative called Project Lifeline was announced this week. It is supposed to put foreclosures on hold for 30 days while lenders look for ways to make the mortgages more affordable. For most people this will be a useless program that will only create false hopes. There are several reasons why.
Home Foreclosure and Debt Cancellation
/in Foreclosure & Loan Mod Blog /by Scott LaninThe IRS has an informational page on the new debt forgiveness relief law. For those interested in short sales, it makes sense to read this and discuss it with your accountant.