Monday, May 18, 2009

Make Home Affordable: The Obama Plan

The Obama Administration has demonstrated there dedication and seriousness of such to the Homeowner Help Initiative they have promised to the American Homeowner. They have done this through the Make Home Affordable Plan.

The Make Home Affordable Plan was created by the Obama Administration to help Homeowners stop foreclosure and avoid further mortgage trouble. The Make Home Affordable plan comes in two parts. There is a loan modification program as well as a refinance program that are both a part of the Make Home Affordable Program.

Thus far both the refinance and loan modification have done well and have made the Make Home Affordable plan a success. Ten million Homeowners may very well find help through the Make Home Affordable Program by the end of the year.

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