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Category Archives: financial

Government programs do not help homeowners

Government programs to help homeowners don’t work. So says Rick Arvielo, president of New American Funding (www.NewAmericanDirect.com), a fully delegated FHA lender that works distressed borrowers through successful write-down negotiations and loan modification (www.NewAmericanDirect.com) activities. Borrowers have inundated the company with requests for the Hope for Homeowners product since Congress’s creation of the program in [...]