Attorney Richard Gaudreau

Category: Loan Remodification

Emergency Homeowners Loan Program Ending a Brief and Unsuccessful Run

The September 29, 2011 final deadline for the Emergency Homeowner’s Loan Program passed without much fanfare, but it left in its wake several hundred thousand mortgage holders who desperately needed financial assistance to keep their homes.  Officials at the U.S. Department of Housing and Urban Development (HUD) estimate that only about “10,000 to 15,000 homeowners...