Detailed text transcripts for TV channel - CNN - 20100309:18:28:00
Much less than you paid for the house and that you owe the banks. so, the lenders go to take a hit and agree for you to sell this house at a lower price. heres some of the rules, who is eligible. it needs to be principle residence, first-lien mortgage and you have to be seriously delinquent. heres the rub, ali, so many people have kept up on their loans they didnt even look at you until you were seriously delinquent. the unpaid balance has to be under the adjusted jumbo level, and your monthly m...
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