2 Pages
GRg_WHfTEAs a result of the mortgage crisis beginning in 2006, several programs have been introduced by lenders and/or government agencies to provide homeowners with relief from mortgage obligations that would result in foreclosure and loss of a residence. In a two page paper (excluding the title and reference pages)
- Describe two mortgage relief programs available to homeowners. Be sure to include at least one example of how each program provides relief to homeowners.
- Discuss how each of the two selected mortgage relief programs impact customary foreclosure, short sale, or deed in lieu proceedings.
- Discuss the potential for lasting impacts from the two selected mortgage relief programs on not only borrowers and lenders, but also the economy as a whole.
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