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Many homeowners not receiving the mortgage relief US promised

Published : Thursday, 9 April, 2020 at 4:57 PM  Count : 133

Many homeowners not receiving the mortgage relief US promised

Many homeowners not receiving the mortgage relief US promised


Homeowners who lose jobs or income say their lenders are demanding conditions for punishment if they take part in something that is considered a government effort to help them.

In order to avoid home loan woes, Congress and regulators told donors that they would have to suspend homeowners' payments if the coronavirus was financially disadvantaged.

Some homeowners say it is working well, but others say there is a lot of confusion.

"At this point, if you don't pay it, you go into forecasts," says Julia Hansen, who was told by a representative of an independent mortgage. In other words, she and her husband would have to put together about $ 8,000,000, which seemed unreasonable because Jim lost his job and had no income until he got a chance at unemployment. And they do not know when these benefits will begin to come or how much they will receive.

After all, the couple reported that Jim's mother gave up her last breath last year and that all her care was taken away.

"I feel that the government is trying to help us, and I think Freedom Mortgage is trying to rip us off," Hansen says. "I'm very disappointed and angry at them."

Several other Freedom Mortgage customers also complained to NPR. The company said in a statement that it was "working hard to help our customers."-Internet





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Related Topics

Mortgage   Trading   US  




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