Can you expound the new law signed by the president on mortgage payments assistance to homeowners?
I’m a homeowner for almost 9 years now, and my monthly mortgage keeps on rising, hence I was compelled to keep on refinancing so I can payoff the current loans, then look for a lower interest, until I got trapped into the 1 percent loan scheme..now I could hardly pay on time as my monthly mortgage is rising..worst, I received notice from my lender that in 8 months, my new mortgage is double my current monthly payment. Anyone can help me find the new government law recently signed by the president designed to assist borrowers like me?