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XYZ Brokerage

Email: jeffl@xyzbrokerage.com

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Anyone have a Home Affordable success story? Any lenders gearing up to help borrowers with this?

There is still a lot of confusion out there about both the loan mod and the refi options. Anybody have a first-person story that might help other Zillow users?
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March 26 - US
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There is an awful lot of confusion out there about this! Andrew, are you doing anything to gear up for this? What should borrowers be doing to get ready to apply?
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March 26
Some lenders actually are.  One program inparticular has the following criteria:

Stated income (2005 flashback)
105% LTV (I know)
Reduced appraisal cost

So the programs are out there, but they are in the tester phase from what I gather.  You probably need to ask the lender themselves what they plan on rolling out with that.
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March 26
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You need the program to be available before you can have a success story!  You should stay tuned the program will begin to be available the week of April 4th.
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March 26
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While the program has been announced, there is no production on it just yet. Should be up and running by the 2nd week of April. 

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March 26
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i think the lenders do not want to make this working
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March 26
 

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