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  2. What to do when your mortgage forbearance period ends - AOL

    www.aol.com/finance/mortgage-forbearance-period...

    Mortgage forbearance allows you to pause your mortgage payments, usually for up to six months, when you are having a financial hardship. When forbearance ends, you may ask for an extension, modify ...

  3. What is the right of redemption? How it works during foreclosure

    www.aol.com/finance/redemption-works-during...

    Other states allow you to exercise the right beyond a foreclosure sale. If you default on a home loan and don’t exercise the right of redemption or work out a relief plan with your mortgage ...

  4. What is loss mitigation? - AOL

    www.aol.com/finance/loss-mitigation-131710263.html

    If you submitted your application 90 days before your home’s scheduled foreclosure sale, you can submit an appeal — as long as you do so within 14 days after receiving your denial for loss ...

  5. Mortgage Forgiveness Debt Relief Act of 2007 - Wikipedia

    en.wikipedia.org/wiki/Mortgage_Forgiveness_Debt...

    The Mortgage Forgiveness Debt Relief Act of 2007 was introduced in the United States Congress on September 25, 2007, and signed into law by President George W. Bush on December 20, 2007. This act offers relief to homeowners who would have owed taxes on forgiven mortgage debt after facing foreclosure.

  6. Making Home Affordable - Wikipedia

    en.wikipedia.org/wiki/Making_Home_Affordable

    The Home Affordable Modification Program (HAMP) is a government program introduced in 2009 to respond to the subprime mortgage crisis. HAMP [10] is part of the Making Home Affordable program (MHA), [11] established in concert with the Hardest Hit Fund program (HHF) [12] under the Troubled Asset Relief Program (TARP), a part of the Emergency ...

  7. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    Private electronic market. Software. v. t. e. Foreclosure is a legal process in which a lender attempts to recover the balance of a loan from a borrower who has stopped making payments to the lender by forcing the sale of the asset used as the collateral for the loan. [1] [2]

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