OBAMA Program Announced March 06th Still NOT available at Most Banks

At a time when struggling homeowners could benefit from lower payments NOW, the lenders have been unable or perhaps un willing to begin to accept applications under these new programs. Lenders Sucha as Citi Mortage, Courntrywide, Wellsfargo are just a few of the banks that are not offering the programs at this time. Calls to CITI got the standard response wait 3 more weeks after first being told April 1, then mid April. It is ridiculous that homeowners have to struggle to get help from their lenders when a majority of them are being funded by the common tax payer.

We will continue to provide updates on the major lenders as to when they expect the Making home affordable programs to begin.