Describe two mortgage relief programs available to homeowners.

As a result of the mortgage crisis beginning in 2006, several programs have been introduced by lenders and/or government agencies to provide homeowners with relief from mortgage obligations that would result in foreclosure and loss of a residence. In a two- to three-page paper (excluding the title and reference pages)

  • Describe two mortgage relief programs available to homeowners. Be sure to include at least one example of how each program provides relief to homeowners.
  • Discuss how each of the two selected mortgage relief programs impact customary foreclosure, short sale, or deed in lieu proceedings.
  • Discuss the potential for lasting impacts from the two selected mortgage relief programs on not only borrowers and lenders, but also the economy as a whole.

Your paper must be two to three pages in length, double-spaced (excluding title and reference pages) and it must be formatted according to APA style as outlined in the Ashford Writing Center. You must cite at least three scholarly and/or professional sources in addition to the textbook.

The Paper

  • Must be two to three double-spaced pages in length (not including title and references pages) and formatted according to APA style as outlined in the Ashford Writing Center (Links to an external site.).
  • Must include a separate title page with the following:
    • Title of paper
    • Student’s name
    • Course name and number
    • Instructor’s name
    • Date submitted
  • Must use at least three scholarly sources in addition to the course text.
  • Must document all sources in APA style as outlined in the Ashford Writing Center.
  • Must include a separate references page that is formatted according to APA style as outlined in the Ashford Writing Center.

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