Examination of homeowner relief programs
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.
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
Course name and number
Must use at least three scholarly sources in addition to the course text.
The Scholarly, Peer Reviewed, and Other Credible Sources (Links to an external site.) table offers additional guidance on appropriate source types. If you have questions about whether a specific source is appropriate for this assignment, please contact your instructor. Your instructor has the final say about the appropriateness of a specific source for a particular assignment.
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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