Washington Mutual Commits Up To $2 Billion To Help Subprime Customers Avert Foreclosure
Mortgage lender Washington Mutual has announced a commitment to refinance up to $2 billion in its customers' subprime loans at discounted interest rates in an attempt to help customers stabilize their finances and avoid foreclosure.
Under the program, WaMu subprime borrowers who remain current on their existing loans and anticipate pending payment increases may apply for new discounted fixed-rate loans or other mortgage products available to them.
A toll-free number (1-800-881-7099) is available to Washington Mutual customers who would like to inquire about this special program.
They have also joined forces with a number of foreclosure prevention groups, including the NeighborWorks® Center for Foreclosure Solutions and the Homeownership Preservation Foundation, to launch a national effort to avert foreclosures.
For more, see WaMu Commits up to $2 Billion in Assistance to Help Subprime Borrowers.
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Under the program, WaMu subprime borrowers who remain current on their existing loans and anticipate pending payment increases may apply for new discounted fixed-rate loans or other mortgage products available to them.
A toll-free number (1-800-881-7099) is available to Washington Mutual customers who would like to inquire about this special program.
They have also joined forces with a number of foreclosure prevention groups, including the NeighborWorks® Center for Foreclosure Solutions and the Homeownership Preservation Foundation, to launch a national effort to avert foreclosures.
For more, see WaMu Commits up to $2 Billion in Assistance to Help Subprime Borrowers.
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posted by Home Equity Theft Reporter at 7:22 AM
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