Home Affordable Modification and Refinance

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    U.S. Congress, U.S. Department of the Treasury
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We, the homeowners of America, frustrated at the slow implementation of the Home Affordable Modification Program and Home Affordable Refinance Program, do hereby petition the United States Government to respond to our concerns and take action to address them.

Certain guidelines appear to prohibit many of the homeowners with the greatest need from participating in these programs. Namely these are homeowners with:
Private Mortgage Insurance;
More than one mortgage on our home;
Significant loss of our equity;
Loss of our jobs;
Lower credit scores due to greater financial burdens associated with the current economic climate.

In addition, cooperation by mortgage lenders has been limited, with the process unclear and untimely, and in many cases their decisions seem to be in conflict with the guidelines posted on the makinghomeaffordable.gov Web site. Many of us believe we are eligible for these programs only to be told by our lender that we are not.

As our elected officials, we request that you establish a channel through which homeowner feedback can be posted and lender accountability measured.

Through you, our voices must be heard!