home loans – mortgage refinance second mortage

June 5, 2009

Various alternatives to losing my home vs. Air Force Background Security Check?

Kevin asked:


I lost my full time job as a civilian pilot and am default on my home mortgage. I have been accepted as a pilot into the USAF Reserves. How will various outcomes of losing my home affect my ability to pass the Air Force Background Security Check? Such as a loan modification, short sale, deed in lieu of, or foreclosure? Possibly filing bankrupcy as well?

ALEJANDRO

February 4, 2009

Homeowner’s can now refinance their mortgage loan with the Federal Government?

Sallie asked:


I just heard this (if I heard correct) on the radio news while washing my dishes. The news said to stop all the foreclosures that are happening now and to save the market from collapsing. Anyone else knows more about this. I think I heard President Bush wants to make this happen. Another question; is it only for the people that are facing bankrupcy or is this open to all homeowner’s?

GRAHAM

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