Prime Equity Mortgage, Inc. – Foreclosure Bailout Loans. A Foreclosure Bailout Loan is a mortgage designed to save homeowners form having the properties being foreclosed upon by their banks. It is considered a refinance loan. The homeowner takes out a mortgage to pay off the current loan that is in default status.

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Avoid Foreclosure with Hard Money – Scotsman Guide – Because hard-money loans are short-term products with an average maturity of about 18 to 24 months, homeowners will need to refinance their loans at a better rate in that time. The homeowners still have the pre-foreclosure hiccup on their credit report, so they may not qualify for A-paper just yet.

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FHA Loan Program Changes To Help Prevent Foreclosure – On Friday, April 24 2015, the FHA and HUD issued a press release detailing "significant changes" to the distressed asset stabilization Program or DASP. According to HUDNo 15-048, "In an effort to better serve homeowners looking to avoid foreclosure, loan servicers will now be required to delay foreclosure for a year and to evaluate all borrowers for the Home Affordable Modification Program.

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