So, buying that home seemed like a good idea at the time didn’t it. Both you and your spouse were working in good jobs. A promising and lucrative promotion was looming down the road in just a few months, and things looked really good. Than all of a sudden, the unforeseen struck. The economy took a dumper, the real estate market crashed, and thousands of high risk mortgages took a tumbling. In spite of the fact you lost your job, your spouse managed to keep their, and you have enough money scraped together to hold on to your house. But just barely. Now with wage rollbacks and hour reductions at your spouses job, it looks like you may lose your home. But there is an answer. You can request mortgage reduction assistance from the government.
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