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"The median monthly payment reduction for borrowers enrolled in
the (HAMP) program is $522" - DSnews.com

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Proving That The Bank Doesn't Own Your Loan


Banks are constantly dealing with homeowners who are facing foreclosure. However, homeowners are showing proof that the banks don't own the loans, and therefore it is making it very difficult for the banks to foreclose on these customers.  There have been multiple cases where homeowners are proving that the bank does not own their mortgage. The main states this has occurred is California, North Carolina, Alabama, Florida, Maine, New York , New Jersey , Texas and Massachusetts.