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AARP Home » Money » Living on a Budget »Worried About Losing Y...

Worried About Losing Your Home? Ask A Lawyer

from: AARP District of Columbia, March 22, 2010

I am having trouble paying my mortgage and heard the President has a mortgage modification plan. Can I apply for it?

Last February, President Obama announced the Home Affordable Modification Program (HAMP) to help eligible families modify their mortgages to avoid foreclosure. To qualify you must live in the home as your principal residence and not change ownership of the home. Not all loans or borrowers will qualify for the HAMP program. … Back to Article

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