Chase Joins Second-Lien Program
Chase announced Monday that it will provide additional help to struggling homeowners by joining the second-lien program under the administration's Home Affordable Modification Program (HAMP). Known as 2MP, the second-lien modification program is designed to work in tandem with HAMP to lower homeowners' payments on both their first and second mortgages. Qualified homeowners may see the interest rate on their second lien reduced to as low as 1 percent for five years.
http://www.virtualdealfactory.com/blog.php?route=view&blog_id=378
Monday, October 4, 2010
Chase Joins Second-Lien Program
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