FORT WORTH (CBS 11 News) ― It seems everyone has heard about the “making home affordable” program, but few people who CBS 11 talked to know who qualifies or why.
North Texas homeowner Frank Alfredo says: “It’s supposed to give people an opportunity to keep their homes, keep them out of foreclosure.”
Mortgage expert Rodney Anderson explains that mortgage also has be owned or insured by Fannie Mae or Freddie Mac and it must be a primary residence. He adds that homeowners qualify if they are current on their monthly payments for the past 12 months. Read more about mortgage help…
