Jun 25, 2008

Washington Mutual helps more than 7500 homeowners avoid foreclosure

WaMu plans to assist additional homeowners avoid foreclosure. The company has placed another $1 billion, that's billion with a B, towards their borrowers' assistance program.

According to WaMu's press release, under the program, eligible 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.

WaMu customers should call 1-800-881-7099 to ask about available programs.

Complete press release

Related Florida real estate views:

New law may save your house

Florida attorneys offering free help to homeowners facing foreclosure

Mr. Postman look and see if there is a letter from FHA for me.


- Greg Staker - Watson Realty Corp. - 407-304-0255

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