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  2. Mortgage Forgiveness Debt Relief Act of 2007 - Wikipedia

    en.wikipedia.org/wiki/Mortgage_Forgiveness_Debt...

    The Mortgage Forgiveness Debt Relief Act of 2007 was introduced in the United States Congress on September 25, 2007, and signed into law by President George W. Bush on December 20, 2007. This act offers relief to homeowners who would have owed taxes on forgiven mortgage debt after facing foreclosure. The act extends such relief for three years ...

  3. Flex Modification Program (FMP): Everything you need to know

    www.aol.com/finance/flex-modification-program...

    The most beneficial aspect of the Flex Modification program is that it allows you to lower your monthly mortgage payment, which in turn can offer financial relief. In addition, some lenders may ...

  4. Home Affordable Refinance Program - Wikipedia

    en.wikipedia.org/wiki/Home_Affordable_Refinance...

    The Home Affordable Refinance Program (HARP) was created by the Federal Housing Finance Agency in March 2009 to allow those with a loan-to-value ratio exceeding 80% to refinance without also paying for mortgage insurance. Originally, only those with an LTV of 105% could qualify.

  5. Making Home Affordable - Wikipedia

    en.wikipedia.org/wiki/Making_Home_Affordable

    The Home Affordable Modification Program (HAMP) is a government program introduced in 2009 to respond to the subprime mortgage crisis.HAMP [10] is part of the Making Home Affordable program (MHA), [11] established in concert with the Hardest Hit Fund program (HHF) [12] under the Troubled Asset Relief Program (TARP), a part of the Emergency Economic Stabilization Act of 2008. [13]

  6. What is debt forgiveness? - AOL

    www.aol.com/finance/debt-forgiveness-202301471.html

    There are several circumstances in which debt forgiveness can occur, such as government initiatives, financial hardship or debt relief programs. Lenders apply debt forgiveness in several ways ...

  7. A comprehensive guide to debt relief programs - AOL

    www.aol.com/finance/debt-relief-guide-know...

    Debt forgiveness is typically used for non-credit-card debt, like student loans, mortgages, medical debt or even taxes. Pros of debt forgiveness programs All or part of your loan could be wiped out.

  8. Loan modification in the United States - Wikipedia

    en.wikipedia.org/wiki/Loan_modification_in_the...

    The program will provide one-time bonus incentive payments of $1,500 to lender/investors and $500 to servicers for modifications made while a borrower is still current on mortgage payments. The program will include incentives for extinguishing second liens on loans modified under this program.

  9. 7 Biden-Backed Tax Incentives To See if You Qualify For ... - AOL

    www.aol.com/7-biden-backed-tax-incentives...

    Almost every day, the federal government enacts policy changes through the executive branch and its agencies, but only a few will grab headlines like economic impact payments, child tax credits or...

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